My take is the markets knee jerk reaction has settled. The floor of C 5.5 cents was hit and the current trading recognises the better than even probability that the passing of patient [x] was unrelated to the current ptx200 trials.
Just my take. Many years ago i studied statistical significance in the area of psychological studies. Dont claim to remember much and have moved on to another focus but having reviewed all announcements related to the breast cancer trials and the potentially related other two ptx 200 trials (toxicity wise).
I dont see a statistical foundation to draw any link between trial and the current event.
It would appear from current trading that the market while cautious expects a green light to progress the trials.
PTX Price at posting:
6.0¢ Sentiment: Hold Disclosure: Held
