All PLI needs to do :)All PLI needs to do to change the sentiment around its stock, is to come up with something different from what they've been doing. No more deals that go nowhere like Tunisia and Brazil, Hemosol, Blue Blood or CNBG, Russia (not saying these are all dead, just very quiet like grandma became when I was very young :(...). No more stranger than strange deals to partner with someone to find a partner, like they did with Shenzhen, a "thinking outside the box" for the next financing instead of doing the ordinary share issue at a discount to market and pi$$ing off every other financial institution, and most of their long time shareholders by doing so.
I truly believe management is working hard, I just wish them more luck with the next trial unrelated announcement. We need something to "wow" the markets next time, wow those waiting on the sidelines, or actually, "wow" the long shareholders base.
I truly believe that what's hurting us right now is the unknown about funding all those trials on the horizon. Seems like there is a crowd, a deep pocketed crowd, betting that Prometic can't find the money by any other means than a cheap equity issue again. They are betting that PLI will wait until the 11th hour, as Barcode mentionned, to deliver a not so impressive deal that will take the SP down once again. They are betting on the usual, and that is why I'm saying that if they could for once deliver something different, something fresh, something that makes us say "wow, I can't believe they managed to get this deal done", we would see the end of the SP stagnation for ever.
It's been a long road, one that has seen me critisize them, but also applaud their dedication and perseverance, and I just hope that we don't have to wait much longer before we finally see that long awaited catalyst. At some point, the likes of CNBG, Blue Blood or any of those American conferences are due to pay up, no??? Not because we don't hear about them on a daily, monthly or yearly basis that nothing is hapening behind the scenes? That's what I'd like to think anyway...
I've been vocal towards management over the years, I've shared my opinions whether negative or positive, and I've also placed my bets on the number I believe will come up. And that number my friends, pick one, it's Prometic's number :)
Now, "wow" us!
cheers
balain