Member Info for bigbob0228

will post anywhere that listens when it comes to GWP, have an awful lot to lose or gain in this share as others I got a bit carried away over the last four years and broke the cardinal rule of putting all the eggs in one basket, but I am now convinced that not only will those whom have kept the faith will profit handsomely, but also the long term sufferers of MS and may be one day cancer .

Still operating a 5pps spread should not be allowed.

Question ??

What price would GWP need to be before being promoted into the FTSE 350 and what date do they decide.

Many thanks

I don't know, but I think it could be attributed to a KBC Peel Hunt note which was issued yesterday. Someone posted it on the ADVFN GWP thread and I copy it below. Also, note how this most pessimistic broker turned so bullish. The second quote was actually what they said just a year ago!

"Substantial upgrade to valuation We believe the market has failed to realise the importance of the Phase-III result published last week: GWP’s Sativex relieves the spasticity symptoms in patients that have failed all other treatment options. We have made substantial upgrades to our

valuation and increase our price target from 50p to 120p." March 25 2009

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Paul Cuddon, analyst at KBC Peel Hunt, said: “While valid, this indicates that the effect of Sativex is marginal, and we retain our doubts as to whether the product will ever prove a commercial success. (The Times 8 April 2008)

I agree yes a disapointment today, but does not change the fact that we would have had to wait until 2009 before getting approval, wait until end of the year and we will be trading 100pps.