Majority of that 8 odd million would have gone upping the stake in Admedus Vaccine.
Remember we had less then 50% before now we have more than 50%. So fair to say we paid a little bit.
So we will be proceeding to phase 2 as they are already in discussion.
Phase 2 will require money and thats what they did.
Why discuss if the phase 1 results are not positive enough to warrant phase 2.
I have seen all the papers from Ian Frazer and they suggest that he has the method to do it just needs time to figure out the best approach.The rise is warranted right now but heading to 40 percent rise after CR is growth in itself.
In recent past we saw ADO did the same thing and after CR it doubled in value in 6 months.
So hold on boys, this 15 cent traffic stop is nothing but a short term roadblock.
We will be over it before you know it.
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