I’m hopeful that the SP will stabilise now the CR has been announced. For one it’s been on the cards for a while - and two clearly some traders had caught wind of it, which I think has been part of the reason to drive the SP down. PTX does have a leaking problem which is a worry. The lead up to and fallout of the breast cancer announcement last April was so blatant.
It’s also hard to see any real action now until Q3/Q4 - I might print out the timeline from the investor presentation just to remind myself the potential of PTX.
PTX Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
