PAA 2.38% 20.5¢ pharmaust limited

Buckland has got a point when it comes to the announcements some...

  1. 451 Posts.
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    Buckland has got a point when it comes to the announcements some of them have been hard to reconcile with what has then happened. That being said I don't think that has had much of an influence. I have been in this prior to the bounce up a year ago and still hold. I think at one stage by memory it touched .02. That period was when I think the DT thought there may be something in it for them.

    This stock is purely a long term hold for me. Sure there have been opportunities for small profits to be taken but my read is that the DT's don't look at this so that is good as we do not get artifical spikes and we are slo yet to get any really significant players take an interest.

    On the positive based on the last announcment it does seem to have found a new resistant point around .008/.009 so hopefully if we get another annoucment in the next 4 weeks about the canine trials that is nuetral to positive soon followed by an update on phase 2 we may get a SP shift.
 
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