All good points pivalde but I find it hard to believe Prana did not know what was going on with PBT2. Think about it, PBT2 was a hit compound among a few hundred hit compounds, Then it appears three institutions investigated the properties of PBT2. [Research conducted by the University of Queensland, Griffith University and the Doherty Institute investigated the antibacterial properties of metal transport drug, PBT2. ] With a major multi institution research operation(IMO) underway, nobody spoke to the drug's owner, which happens to be almost next door to the DI. OK, maybe I am a sceptic after holding for nearly 4 years of bad news announcements. This may indicate Prana did not take even a slight interest in that ongoing research. Any announcement from Prana may have had a positive price effect. Pivalde I know less than you, but I just get an uneasy feeling about how this went down. I sure hope the board is not working against the interests of Prana longterm holders. Some announcement could ease that worry and, with any luck, drive the price UP.
PBT Price at posting:
4.0¢ Sentiment: None Disclosure: Not Held