Phase II trials were delayed due to several issues raised by the...

Phase II trials were delayed due to several issues raised by the TGA. The timeline for submitting a "development plan" was 3-4 weeks, so due about now based on the late November '06 announcement. This recent rally is either speculators betting on a favourable outcome, a leaking ship that things are now back on track or a pump and dump because things are about to go south. I'd be waiting for a favourable outcome before buying as any further significant delays could spell the end of Soblec due to their dwindling cash position. Trade with caution...