Ann: Change of Directors' Interest Notices, page-10

I am not so sure. Although I have no idea of what the future holds, I do know we are getting closer to April, which is when the India trial is due to begin. The market has, until this point, shown no reaction to any of the India related news items. Instead the slow decline in the SP has continued since this time last year.

However there is the possibility that brave traders/investors are now willing to take a punt considering that you could argue the company is undervalued without including the India trial and that the opportunity cost between now and April is low.

Historically the SP is currently at a low point and we know that things are going to happen in the next few months for XTD. It's possible that we'll look back in a few months and think that the current SP was an attractive buy.