I challenged boiler to provide his list of negatives, but he has decided to leave without doing so. Shame, because I was really looking forward to receiving a comprehensive list of issues that concerned him - and not just the engineered share price, on a handful of shares.
Anyway since he has scooted off, I will take the opportunity to list a few of the more important reasons as to why I believe PRR such a great stock.
*Fantastic product.
*Many boxes already ticked on road to Commercialisation
*At least 80% down the journey to commercialisation
*To-date all progress with Cvac is positive – nothing negative has been announced
*Granted “Orphan Status”
*No debt
*No debt – unlike another company we know
*Reasonably well financed to continue with trials
*Very low Capital value – IF, successful huge gains therefore possible
*First class chairman
*Excellent Board
*Excellent advisory team
*Top CEO
*Highly dedicated and competent medical team
*Saxony Government grants
*Chairman who has been prepared to invest $1,000,000
*Impressive list of country patents already granted
*Tough decision made to abandon Dubai – for now
*Tough decision made that MR no longer needed
*Tough decision made that Dr Fraser has done his job
*Good communication with shareholders
*Management always responsive to clarification requests without providing anything not already released to the market
*Keeping focused on task ahead and not distracted by share price
*No “dumping” of shares despite manipulator games on handful of shares
*”non-holder” interest – always a good sign
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34.0¢ |
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Mkt cap ! $493.8M |
Open | High | Low | Value | Volume |
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8 | 54784 | 0.325 |
6 | 118110 | 0.320 |
Price($) | Vol. | No. |
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0.345 | 55452 | 4 |
0.350 | 98597 | 7 |
0.355 | 143919 | 6 |
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