Yep, BPH is back on the red cortical. I bought in to this...

Yep, BPH is back on the red cortical. I bought in to this company on the cortical patent @ 8.1c (equivalent of 16.2c today) 6.5 months ago, and sold at 12c- my first ever share sale! That would have been at an equivalent of 24c today. I can't help but wonder if BPH had remained a biotech, if it might have just done ok with that. Many biotechs have done well. BPh now sits at an equivalent of 3.35c pre-conslidation. Maybe if it wants to stay in resources, it should advertise itself as a shell (shell plays are also doing well right now) and back in a resources company. It seems any resources company could get this share price higher than future oil exploration, for which the market seems to have lost faith in PEP11.

I keep this one on a watchlsit as I do all my past shares. It seems to move from about 6.7c to 7.2c on no news- merely the toy of traders who pick up a % or two here and there. David Breeze needs to sort something out, or the share price will further erode, imo. The market is an impatient creature, and oil is a tricky area.

Best of luck to holders.