Prana stock movement, page-7

Its a teaser spike that has been a common feature with PBT over the years. Its a critical period for long term shareholders who may have purchased shares above 50 cents and even closer to $1.00. If Life Biosciences makes a takeover bid you can be sure that the executive management will be looked after and that shareholders will need to accept a low shareprice offer. Life Bio and senior management will be the winners and shareholders, especially long-term holders will be the losers.

Its important that all shareholders vote and vote No to all resolutions and that at the AGM that Prana are questioned as to why no announcement has been made regarding PBT2 results by Uni of QLD although we know why.

This spike seen today could be rumours regarding a possible buyout from Life Bio.