Just bought back in to PGL post the AGM Announcement.Have known...

Just bought back in to PGL post the AGM Announcement.

Have known this company very well since 2000.

It would seem Progen's days are numbered with a return to shareholders coming up unless there is a better M&A deal coming up??

We need to bear in mind that there will need to be quite a deduction from the $75M odd cash holding to cover wind up costs. It would be nice however if they could get a few $$$$ for the Lab out at Darra which in todays $$$$ would cost well over $10M to build. Plus there is their current IP on compounds including PI-88 for what its worth.

Interesting times.