Spot on chap -I remember a list of the reasons given to invest here some months ago by sk and wh amongst others - nothing has changed except the date and I expect good news to surface at some point this year
Util such a time phase III commences . A. A large phama takes on the phase III development ! B. IMM Start "A Go it Alone ( finance is Available ) C. A large Phama "buys Out" in total IMM . Until one of these three options are realised It still will remain a damp Squib , they have sitting in there lab
Is the reward worth waiting for ? When so many other active opportunities are presenting themselves. &rewarding investors on a daily bases ! Time Will Tell.
Agree 100% with you. Our patience will be rewarded on this one I truly believe. I did read somewhere a while ago that the patience/reward profile is completely different (as in much slower but far more pronounced when news appears) with pharma's compared to oil or mining stocks. They tend to have a regular drip feeding of information to the market.
Pharma's are definitely a category of stock better suited to an investor rather than a day trader.
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