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trisail
Posted on: Jun 11 2020, 11:57 AM


Group: Member
Posts: 370

My apologies...you are correct. It was just the performance rights that were quite rightly smashed.
  Forum: By Share Code

trisail
Posted on: Jun 11 2020, 10:28 AM


Group: Member
Posts: 370

"The two-strikes law is designed to hold directors accountable for executive salaries and bonuses. It means an entire company board can face re-election if shareholders disagree with how much executives are being paid. The law is an amendment to the Corporations Act and came into effect on July 1, 2011.

FIRST STRIKE

The first strike occurs when a companys remuneration report which outlines each directors individual salary and bonus receives a no vote of 25 per cent or more by shareholders at the companys annual general meeting.

SECOND STRIKE

The second strike occurs when a companys subsequent remuneration report also receives a no vote of 25 per cent or more."

This may explain our Chairs angst in his most recent newsletter.


  Forum: By Share Code

trisail
Posted on: Jun 2 2020, 10:46 AM


Group: Member
Posts: 370

Avita (AVH) have filed a submission for an IDE with the FDA for a Vitiligo clinical trial today. No trial start date was indicated.
  Forum: By Share Code

trisail
Posted on: May 27 2020, 10:44 AM


Group: Member
Posts: 370

Still #9 on the most shorted....but coming down slowly. CUVCLINUVEL PHARMACEUT. ORDINARY9.15%
  Forum: By Share Code

trisail
Posted on: Apr 23 2020, 01:51 PM


Group: Member
Posts: 370

I wonder if we are seeing a negative reaction to the China announcement. The country pays scant regard to patents and has a proven capacity to reverse engineer. I am not a fan of this move.
  Forum: By Share Code

trisail
Posted on: Apr 20 2020, 11:13 AM


Group: Member
Posts: 370

And this from Morningstar.


Morningstar Quantitative Ratings
Valuation Rating Undervalued
Fair Value Estimate A$28.554
Fair Value Percentage Diff 22.01%
  Forum: By Share Code

trisail
Posted on: Mar 30 2020, 12:58 PM


Group: Member
Posts: 370

The Aus. Government has placed a ban on any foreign takeover of an ASX listed company whilst we are in crisis mode. A takeover offer coming in on a shorted stock is a shorters nightmare as it puts immediate buying pressure on the stock. One major risk removed from the shorters perspective which may explain the heightened interest.
  Forum: By Share Code

trisail
Posted on: Mar 19 2020, 12:37 PM


Group: Member
Posts: 370

I heard a news report last night that mentioned medications with a high proportion of anti-inflammatory properties ala Ibu-Profen are not effective in treating the symptoms of the China virus.
  Forum: By Share Code

trisail
Posted on: Feb 27 2020, 02:40 PM


Group: Member
Posts: 370

Its history now, but if all on this board had voted down the obscene performance/rights issues at the agm...................?
  Forum: By Share Code

trisail
Posted on: Feb 5 2020, 11:05 AM


Group: Member
Posts: 370

It wont be helpful if we are bumped out of the ASX200. sad.gif
  Forum: By Share Code

trisail
Posted on: Jan 16 2020, 03:42 PM


Group: Member
Posts: 370

Usually a rising tide lifts all ships...but we have had our anchor shortened. grrr.gif
  Forum: By Share Code

trisail
Posted on: Dec 9 2019, 11:48 AM


Group: Member
Posts: 370

Friday 6th Dec on the ASX only 50,530 of the total volume of 164,852 shares sold were short sales. Some profit taking maybe?
  Forum: By Share Code

trisail
Posted on: Nov 6 2019, 11:48 AM


Group: Member
Posts: 370

Circa $28.50 will fill the gap
  Forum: By Share Code

trisail
Posted on: Oct 30 2019, 11:36 AM


Group: Member
Posts: 370

Me too...and already lodged my vote.
  Forum: By Share Code

trisail
Posted on: Oct 22 2019, 05:26 PM


Group: Member
Posts: 370

If the SP hits around $28.50 tomorrow, or the the next day, which it quite possibly could given the rotten shorters, then, technically, the gap has been filled and we should start moving north again.
  Forum: By Share Code

trisail
Posted on: Oct 17 2019, 07:50 AM


Group: Member
Posts: 370

biggrin.gif
  Forum: By Share Code

trisail
Posted on: Oct 14 2019, 09:25 AM


Group: Member
Posts: 370

I get the feeling that the entity behind the shorting is on both sides of the board. Is that legal?
  Forum: By Share Code

trisail
Posted on: Jun 4 2018, 01:42 PM


Group: Member
Posts: 370

Happy Birthday Iggy. 70yrs is a great milestone.
  Forum: By Share Code

trisail
Posted on: Oct 28 2016, 11:34 AM


Group: Member
Posts: 370

Mmmm...that did not come out as planned
  Forum: By Share Code

trisail
Posted on: Oct 28 2016, 11:33 AM


Group: Member
Posts: 370

<h2 class="heading">Trading Summary</h2>
Trades Volume Value High Low Today 33 16,259 122,412 8.010 7.400 This Week 170 102,499 736,935 8.010 7.000 This Month 1,182 453,464 3,086,844 8.010 5.910 This Year 7,450 5,102,545 22,391,747 8.010 2.620 Rolling Year 7,992 5,818,697 24,444,613 8.010 2.600
  Forum: By Share Code

trisail
Posted on: Oct 28 2016, 10:51 AM


Group: Member
Posts: 370

I paid A$7.30 for 1000 shares on the 7/11/2003 allowing for the consolidation. That price finally breached. Yi Ha.
  Forum: By Share Code

trisail
Posted on: Jul 18 2016, 12:52 PM


Group: Member
Posts: 370

On the 6th May 2007 CUV opened at its high of $14.00 AU. Looking at us now it proves that perception always has more gravitas than reality........unfortunatley!
  Forum: By Share Code

trisail
Posted on: Jan 24 2016, 09:03 AM


Group: Member
Posts: 370

Seems like there was a clearance sale on tin foil hats and you and RC bought the entire stock.
  Forum: By Share Code

trisail
Posted on: Jan 13 2016, 03:34 PM


Group: Member
Posts: 370

The action today:

3:42:54 pm 2.770 7,500
3:42:54 pm 2.760 2,500
3:38:58 pm 2.770 179,695
3:37:56 pm 2.750 1,535
3:37:56 pm 2.740 218
12:03:59 pm 2.840 11
12:03:59 pm 2.770 3,989
  Forum: By Share Code

trisail
Posted on: Dec 30 2015, 12:26 PM


Group: Member
Posts: 370

ZT/RC, My investment decisions ae not driven by the thanks coming from this forum unlike some here. It is undeniable that basic, fundamental mistakes made by PW in finally acheiving the current approvals have coloured the perceptions of the stock and its potential from the wider investment community here in Aus and elsewhere.

It is those perceptions that are holding back the SP and those mistakes could and should have been avoided by a more adept management strategy. I have held this stock for 11 yrs and have a significant holding. Forgetting the the opportunity cost as it has been my decision alone to hang in there, I don't think it unreasonable to expect any approved drug to have performed a damn sight better than we have seen.

Lack of PR alone will not dull the sharp minds in the investment community if they could see the vison becoming a timely reality and the current SP reflects a less than generous view. Hence my call for change.
  Forum: By Share Code

trisail
Posted on: Dec 30 2015, 10:20 AM


Group: Member
Posts: 370

If CUV was a racehorse it would be shot and the stable management and trainer would be prosecuted for animal cruelty. As a part owner of this nag I have been lied to, scammed and held in contempt by those I and the other part owners have placed their trust in.
And....we have paid a premium for the reaming.

CUV's bloodlines are good enough to have had at least generated some return to the owners by now but we still wallow with the 'also rans'.

We absolutley need a change of management to drive a program that delivers as the current situation is shite.
  Forum: By Share Code

trisail
Posted on: Dec 15 2015, 06:55 PM


Group: Member
Posts: 370

X-ray.......you are a very warm and caring person. Our addicted community salutes you. wink.gif
  Forum: By Share Code

trisail
Posted on: Nov 10 2015, 05:11 PM


Group: Member
Posts: 370

Not very deft at these things but have attempted to attach an Intersuisse Epitan report from Dec 04. Discussed is Vitiligo research and the anticipated dosage cost of Melanotan at between US100 - $200. I kept hold of a few research reports from Aug 04 through to an ABN Amro report of June 08. A computer meltdown took any later ones out.
I go back and have a browse through them every now and then for a giggle. Better than a Capt Marvel comic. Frustrated with lack of progress? Don't be silly.

Attached File  Intersuisse_Research_Report_Aug_04.pdf ( 95.07K ) Number of downloads: 199
  Forum: By Share Code

trisail
Posted on: Oct 28 2015, 04:00 PM


Group: Member
Posts: 370

8 x 5000 lots @ $2.80
  Forum: By Share Code

trisail
Posted on: Oct 28 2015, 09:53 AM


Group: Member
Posts: 370

I believe this would allow the company to issue up to a further 25% of currently issued scrip at any price they choose without shareholder approval or involvement. The ultimate "Trust me .....I'm a doctor" resolution.
I voted no to this resolution also.
  Forum: By Share Code

trisail
Posted on: Sep 11 2015, 02:34 PM


Group: Member
Posts: 370

Vote NO to the acceptance of the remuneration report ............that will get the attention of the Directors. Under ASX rules a 25% No vote counts a strike......two strikes and there is an enforced board spill.
  Forum: By Share Code

trisail
Posted on: Aug 19 2015, 05:02 PM


Group: Member
Posts: 370

And if the Sept data is OK but the SP still unresponsive its time to say goodbye to the "Keep quiet or you will scare the horses" strategy.

People power had a significant part to play in EU approval and some long overdue drum beating may well ramp up investor/take over interest. I don't want to own a football team but after 13 frustrating bloody years I want a return on my investment.
  Forum: By Share Code

trisail
Posted on: Aug 18 2015, 10:23 AM


Group: Member
Posts: 370

Ditto....worth remembering though that there is a remuneration report yet to be validated by shareholders and I for one have no intention of giving it a tick.
  Forum: By Share Code

trisail
Posted on: May 16 2015, 03:05 PM


Group: Member
Posts: 370

RC, your paranoia is akin to Mr Rpape from GC........your alter ego?
  Forum: By Share Code

trisail
Posted on: Dec 9 2014, 01:20 PM


Group: Member
Posts: 370

OK Santa.......I'm with you. king.gif
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trisail
Posted on: Nov 17 2014, 02:07 PM


Group: Member
Posts: 370

I have had mine in the bottom draw for many years now. Bought first in 2004 but still have them owing 22c so a lot of work to do before I have a silly grin. wacko.gif

Insiders must know something when you look at the strength of the buy side.....and for sure a speeding ticket has to be on the way.
  Forum: By Share Code

trisail
Posted on: Nov 17 2014, 11:09 AM


Group: Member
Posts: 370

Well bless my giddy Aunt, Sam......I think this might just be the real deal. Takeover? I certainly hope so though saddened by the idea of more original Aus tech being taken away due to the familiar and lamentable lack of interest here in Australia. Todays price though, only equals the price set for the Nov 2009 Cap raising which was the last I took a slice of, and then only to average down.
  Forum: By Share Code

trisail
Posted on: Nov 5 2014, 04:24 PM


Group: Member
Posts: 370

With approval for EPP given and a clear safety record are there ethical/legal barriers to the use of the drug in organ transplant patients without further trial data?. This would be a significant market.
  Forum: By Share Code

trisail
Posted on: Nov 3 2014, 11:14 AM


Group: Member
Posts: 370

Go away......you are new and you are nasty. We have done fine on this board with a bare minimum of personal abuse not withstanding vastly differing views being aired.
  Forum: By Share Code

trisail
Posted on: Oct 31 2014, 02:20 PM


Group: Member
Posts: 370

I have kept a few of the PDF's of the old Research reports from Intersuisse, ABN Ambro, Edison, Midas, Tether Greenwood and Tolhurst Noal and one of the earliest valuations I could find was Intersuisse on 23/08/04. Their projection assuming the timelines and milestones as set by the then CEO Wayne Millen were kept were: Current $1.26,Jan 2005 $1.96, June 2005 $2.80, June 2006 $5.54, June 2007 $8.63. (x 10 for todays value)
A cosmetic market was envisaged with a cost of approx US$50 p/implant and a prescription cost of US$150 p/season for therapeutic usage with no medical reimbursement. Application was via implant, topically and possible orally. Intersuisse also expected dividends would be payable to the loyal shareholder base by 2009.

It seems that Melanotan was not the only drug being tested in 2004.
  Forum: By Share Code

trisail
Posted on: Oct 21 2014, 03:16 PM


Group: Member
Posts: 370

On the bright side.....there have been buyers for 119317 shares in this pup today so that can be considered a positive weirdsmiley.gif
  Forum: By Share Code

trisail
Posted on: Sep 22 2014, 11:04 AM


Group: Member
Posts: 370

And it so looked like a table befoe I hit the submit button angry.gif
  Forum: By Share Code

trisail
Posted on: Sep 22 2014, 11:02 AM


Group: Member
Posts: 370

buyers
Buyers
Volume
Price

1
588
5.100 3
5,400
5.000
1
1,500
4.810
1
1,500
4.800
1
9,574
4.770 2
7,400
4.760
1
4,000
4.710 2
1,310
4.700
1
1,087
4.600
1
245
4.580
1
45,864
4.500
1
500
4.110
1
1,650
4.100
1
5,000
3.950
1
1,250
3.800 2
120,188
3.000
1
3,891
2.980
1
1
2.650
1
1,500
2.500
1
35,000
1.450
Market Total 25
247,448

sellers Price Volume
Sellers


5.150 3,333
2
5.180 2,666
2
5.190 2,068
1

5.200 5,520
2
5.240 1,500
1

5.250 13,000
2
5.350 1,500
1

5.500 470
1

6.200 6,089
1

6.660 10
1

7.000 5,000
1

7.200 10,000
1

7.600 10,000
1

8.100 10,000
1

8.500 10,000
1



81,156
19
Market Total
  Forum: By Share Code

trisail
Posted on: Sep 15 2014, 11:19 AM


Group: Member
Posts: 370

I recall in the early days of Epitan that a topical formulation was trialed with some success.
  Forum: By Share Code

trisail
Posted on: Sep 12 2014, 10:12 AM


Group: Member
Posts: 370

Whoa....sorry for that. Looked good in the original double column format but fell apart when the flag dropped.
  Forum: By Share Code

trisail
Posted on: Sep 12 2014, 10:09 AM


Group: Member
Posts: 370

CLINUVEL PHARMACEUTICALS LIMITED
  • Stock code CUV
  • Type ORDINARY FULLY PAID
  • Status Open, Notice Received, Under Offer of Takeover
  • Buy
  • Sell
3.500 +0.200 +6.06 % 3.500 3.570 3.620 3.630 3.500 3.300 44,144 158,437 31 3.589 Last Change % Change Bid Offer Open High Low Close Volume Value Trades VWAP View: BasicDetailed Levels: 5 10 All Hide All Help buyers
Buyers
Volume
Price
2
835
3.500
1
500
3.450
1
2,500
3.420
1
175
3.380
1
1,300
3.350 2
5,390
3.300
1
5,016
3.260
1
3,000
3.230
1
260
3.220
1
900
3.200
1
10,000
3.100
1
1,000
3.050 4
150,521
3.000
1
3,891
2.980
1
550
2.900
1
1
2.650
1
1,500
2.500 3
13,900
2.300
1
35,000
1.450
1
253
1.365
Market Total 27
236,492

sellers Price Volume
Sellers


3.570 80
1

3.590 4,106
1

3.790 1,500
1

3.800 300
1

4.000 29,499
2


35,485
6
Market Total
  Forum: By Share Code

trisail
Posted on: Sep 10 2014, 03:45 PM


Group: Member
Posts: 370

Seems like we have a savvy and potent voting block on this forum should it ever be needed. hypocrite.gif
  Forum: By Share Code

trisail
Posted on: Sep 10 2014, 11:07 AM


Group: Member
Posts: 370

A further 16c on the SP and I am evens and a further $10.9 required to equal the April '07 high of $14.00(consolidation equiv). After 11 yrs holding this is like a football grand final and bless my giddy aunt but it is hard not to be a little excited.
  Forum: By Share Code

trisail
Posted on: Aug 11 2014, 11:03 AM


Group: Member
Posts: 370

First buy on 01/07/2003. Really owes me $A3.56 p/share but some creative accounting has brought this down a little.
With this stocks history through the EPP days I feel as though I have gone 12 rounds with Rocky Balboa so I hope we are not looking at another false dawn.
  Forum: By Share Code

trisail
Posted on: Dec 20 2013, 04:23 PM


Group: Member
Posts: 370

CUV would most likely drop to 20c with an announcement of that magnitude weirdsmiley.gif . Merry Xmas to all in loyal band of battle weary CUV owners.
  Forum: By Share Code

trisail
Posted on: Nov 15 2013, 12:16 PM


Group: Member
Posts: 370

There were 31.5 million shares not taken up by retail investors in the last capital raising and these were allocated to UBS and other institutions. My guess is that these are being liquidated into the market at the max of the markets ability to absorb. Once an agreed quota has been reached, the program selling will ease off and I reckon the SP will move steadily north.
I could well be wrong and often am but if I had any spare cash atm........
  Forum: By Share Code

trisail
Posted on: Nov 13 2013, 03:26 PM


Group: Member
Posts: 370

Sorry about the layout....looked like a table when I pasted.
  Forum: By Share Code

trisail
Posted on: Nov 13 2013, 03:24 PM


Group: Member
Posts: 370

A Close on the ASX of just $1.265. Looks like frustration is boiling over and some are heading for the very limited exits.

buyers
Buyers
Volume
Price
2
14,795
1.220
1
10,000
1.215
1
15,000
1.105
Market Total 4
39,795

sellers Price Volume
Sellers


1.325 2,391
1

1.340 15,000
1

1.345 540
1

1.355 4,761
2
1.400 10,000
2
1.420 12,000
2
1.440 3,000
1

1.635 5,000
1

1.675 2,000
1

1.690 395
1

1.795 2,000
1

1.800 4,001
2
1.895 2,000
1

1.990 550
1

2.090 6,300
1

2.150 34,500
1

2.600 5,000
1



109,438
21
Market Total
  Forum: By Share Code

trisail
Posted on: Nov 6 2013, 09:24 AM


Group: Member
Posts: 370

If you are as cranky with the share price outcomes from this mob as I am you are able to vote against the adoption of the remuneration report at the AGM. A bruise to potential future earnings usually focuses the board and management.
  Forum: By Share Code

trisail
Posted on: Oct 10 2013, 01:10 PM


Group: Member
Posts: 370

Gee I hope you are right Benjamin......10yrs 3mths and 7 days of this bullsh*t from Epitan/Clinuvel mis-management is kinda getting me down.

R/Mac
  Forum: By Share Code

trisail
Posted on: Aug 22 2013, 06:48 PM


Group: Member
Posts: 370

This is way out of left field. I need a drink.

http://www.brisbanetimes.com.au/afl/afl-ne...0821-2sbrw.html
  Forum: By Share Code

trisail
Posted on: Sep 18 2012, 06:25 PM


Group: Member
Posts: 370

MM....I have been waiting in hope since early 2004. My children have left school and now have careers and I have morphed into retirement waiting for this company to somehow capitalise on its potential. Unfortunately, if OIL was a horse we would have shot it long ago.

Mac
  Forum: By Share Code

trisail
Posted on: Jan 2 2012, 11:37 AM


Group: Member
Posts: 370

quote]The part I use - the investor portion has the info I need and remains in blue.

I wish mine did....would be a nice change from the red.

Happy New Year to all.

Mac
  Forum: By Share Code

trisail
Posted on: Nov 21 2011, 03:57 PM


Group: Member
Posts: 370

Reading between the lines of the chairmans address I fear we are about to be sold down the river.

  Forum: By Share Code

trisail
Posted on: Nov 16 2011, 06:02 PM


Group: Member
Posts: 370

Mmmmmm, not keen on the last option....a pharma deal would suffice rolleyes.gif .
  Forum: By Share Code

trisail
Posted on: Nov 16 2011, 09:36 AM


Group: Member
Posts: 370

It seems that (to use political jargon) the market has just stopped listening to CUV. The continual over-run on deadlines for years has jaded all but the rusted on true believers.

The SP should be above A$4.00 based on the current results on the table but the company really needs some innovative PR to grab some attention now and gain some momentum.

  Forum: By Share Code

trisail
Posted on: Oct 6 2011, 05:10 PM


Group: Member
Posts: 370

8 years in this stock for me....not one grey hair when I first bought and my kids were still at school. Now I look like Santa, my kids are through Uni and I am in the red for almost $80k.

More fun than a grade 3 break-up isn't it??
  Forum: By Share Code

trisail
Posted on: Aug 31 2011, 01:50 PM


Group: Member
Posts: 370

I have been a holder and supporter since 5/03......sigh. I remember in the early EPT days that the company catagorily said that Vitiligo was not a suitable target for the formula. It simply did not work. Refinement and development since Wolgen has come on board may have changed the characteristics of Scenesse, but as a long term stakeholder with a quite significant (for me) investment, I hope that this Vitiligo carrot is not just another in the long line of carrots offered and promises/deadlines broken by management.

It seems punters in early biotech start ups are most always treated as cannon fodder by current management culture with no loyalty ever shown to the risk capital we provide. weirdsmiley.gif

Mac
  Forum: By Share Code

trisail
Posted on: Oct 25 2009, 09:23 AM


Group: Member
Posts: 370

A question from the remuneration report: Exec Director P Nimmo leaves the company and retains a seat on the board as a non exec director so presumably he is seen as a valuable contributor to the companys decision making processes.

Why was he paid out as though his contract was terminated by the company?......and, if he was shown the door why then is he still on the board?

Maybe I am being a little paranoid.......any thoughts?

R/Trisail
  Forum: By Share Code

trisail
Posted on: May 14 2009, 06:56 PM


Group: Member
Posts: 370

Took my second (in this saga) phone canvass call for Cephalon tonight (6.30pm).........reinforcing the fact that the offer will not be extended or increased. Transfer form from Link in the mail yesterday.

Seem determined to wear us down. I suggested to the caller that the Directors should have a good hard look at themselves as they seem to be acting for parties other than the shareholders and if the price falls over a cliff, as suggested iby the caller, if/when the offer is unsuccesfull........ well, we have all been there before and we have lost nothing until the fat lady sings.

  Forum: By Share Code

trisail
Posted on: Apr 6 2009, 07:00 PM


Group: Member
Posts: 370

I received my call on Saturday.  They were left in no doubt that I believe the offer put to shareholders to be totally inadequate.......that I will not be accepting.............and that the Directors should hang their heads in shame.

The owners of Arana are a pesky lot, but have a lot more respect for this Company than the Board.

  Forum: By Share Code

trisail
Posted on: Feb 7 2008, 08:29 PM


Group: Member
Posts: 370

In reply to: albion on Thursday 07/02/08 08:12pm

Thanks Albion. My money is on HZN, but Far could very well surprise.
  Forum: By Share Code

trisail
Posted on: Feb 7 2008, 07:23 PM


Group: Member
Posts: 370

In reply to: albion on Thursday 07/02/08 04:37pm

Albion how did MOS miss your dud list?
  Forum: By Share Code

trisail
Posted on: Feb 3 2008, 08:34 AM


Group: Member
Posts: 370

In reply to: dan.heath on Saturday 02/02/08 11:45pm

Don't hold back Dan.

Cheers
  Forum: By Share Code

trisail
Posted on: Feb 2 2008, 05:56 AM


Group: Member
Posts: 370


From the SMH Reflux column this morning:

About sums it up!

Tail wags on the sale
The Reflux corporate governance award of the week goes to Arana Therapeutics (formerly known as Peptech).

The company announced yesterday it had sold its dog contraception division (Peptech Animal Health) to a Queensland outfit called Parma Corporation for an undisclosed sum. Parma Corp just happens to be co-owned by Arana's former chairman Mel Bridges and his wife, Lucille.

Arana's chief executive, John Chiplin, appeared to be rather relieved yesterday when he announced the sale of the division, which has been working on developing a non-surgical method to suppress testosterone.

"This has been a very long and very difficult process. While the business has potential it is currently losing money and this has turned many potential buyers away from the business," he said in a company announcement.

"In the short term, Arana will be $2 million to $3 million better off by not incurring the ongoing losses from operating the animal health business in its development phase."

Bridges quit as chairman in last June, when the business had been on the selling block for a year. Makes you wonder if Arana - formerly known as Peptech - did its best to drum up a high price for the business.

"Following legal advice, the Arana board concluded that the arms-length offer from Parma Corporation was demonstrably superior to the only other competing offer or future alternatives for the business," the company said in an announcement.

Chiplin told Reflux the sale of the Animal Health division was "squeaky clean". "After he [Bridges] left the company we were kind of getting thin on the ground with … offers," Chiplin said. "He came back quite a while after he left. To not take the offer that was the best offer because the previous chairman was involved was wrong," he said.

Bridges reasoned to Reflux: "In the end this is an outcome that is for the benefit of the Animal Health division and the shareholders of Arana." He added other bidders had a good headstart on him. Probably because he was still Arana chairman when they lobbed their offers. Bridges added he just could not disclose what he paid. "I can't comment on that transaction which is quite normal for a private equity play," he said.

When Bridges quit as chairman last June he said it was an "ideal time" to step aside. He cited how the company was entering its "next exciting period of growth".

"It will allow me to focus on my focus on my other private and public biotech investments," he said at the time.

Bridges announced his resignation on June 26. On that same day, Bridges' Parma Corp just happened to have a loan signed off by ANZ. It is unclear if money from the loan has been used to buy the Animal Health business, which Bridges conceded could one day be refloated.

Clearly investors are also warming to the Peptech name change. Arana (aka Peptech) shares hit a five-year low last week and have halved in value since March last yea
  Forum: By Share Code

trisail
Posted on: Feb 2 2008, 05:54 AM


Group: Member
Posts: 370


From the SMH Reflux column this morning:

About sums it up!

Tail wags on the sale
The Reflux corporate governance award of the week goes to Arana Therapeutics (formerly known as Peptech).

The company announced yesterday it had sold its dog contraception division (Peptech Animal Health) to a Queensland outfit called Parma Corporation for an undisclosed sum. Parma Corp just happens to be co-owned by Arana's former chairman Mel Bridges and his wife, Lucille.

Arana's chief executive, John Chiplin, appeared to be rather relieved yesterday when he announced the sale of the division, which has been working on developing a non-surgical method to suppress testosterone.

"This has been a very long and very difficult process. While the business has potential it is currently losing money and this has turned many potential buyers away from the business," he said in a company announcement.

"In the short term, Arana will be $2 million to $3 million better off by not incurring the ongoing losses from operating the animal health business in its development phase."

Bridges quit as chairman in last June, when the business had been on the selling block for a year. Makes you wonder if Arana - formerly known as Peptech - did its best to drum up a high price for the business.

"Following legal advice, the Arana board concluded that the arms-length offer from Parma Corporation was demonstrably superior to the only other competing offer or future alternatives for the business," the company said in an announcement.

Chiplin told Reflux the sale of the Animal Health division was "squeaky clean". "After he [Bridges] left the company we were kind of getting thin on the ground with … offers," Chiplin said. "He came back quite a while after he left. To not take the offer that was the best offer because the previous chairman was involved was wrong," he said.

Bridges reasoned to Reflux: "In the end this is an outcome that is for the benefit of the Animal Health division and the shareholders of Arana." He added other bidders had a good headstart on him. Probably because he was still Arana chairman when they lobbed their offers. Bridges added he just could not disclose what he paid. "I can't comment on that transaction which is quite normal for a private equity play," he said.

When Bridges quit as chairman last June he said it was an "ideal time" to step aside. He cited how the company was entering its "next exciting period of growth".

"It will allow me to focus on my focus on my other private and public biotech investments," he said at the time.

Bridges announced his resignation on June 26. On that same day, Bridges' Parma Corp just happened to have a loan signed off by ANZ. It is unclear if money from the loan has been used to buy the Animal Health business, which Bridges conceded could one day be refloated.

Clearly investors are also warming to the Peptech name change. Arana (aka Peptech) shares hit a five-year low last week and have halved in value since March last yea
  Forum: By Share Code

trisail
Posted on: Jan 22 2008, 11:50 AM


Group: Member
Posts: 370

I have been using FCharts (Aussie Program) for over 6 years which provides a free link to Medved Quotetracker from the US. The feed is live and free and Fharts allows intraday charting.

This is not linked to my trading program so I don't trade from within the program but the streaming ticker of my watchlist sits on top of my screen whichever window I am working with.
  Forum: Investment Discussion

trisail
Posted on: Jan 15 2008, 02:31 PM


Group: Member
Posts: 370

In reply to: Bryce on Tuesday 15/01/08 01:32pm

Bryce I suspect that Merilyn Sleigh threatened to post the photograph of John Chiplin and the goat on UTube which would explain why Peptech did not move a company much further advanced in their product development.

But now.........the only credible alternative open to the board if they truly purport to represent shareholders interests is to put the 'For Sale 'sign up. Not one mention in the annual report of the dismal share price performance. How arrogant is that?

I am over this mob. I am losing a heap of money and have lost all faith in management.

My question would be "When do you propose to allow a management team with acumen to drive this company forward?"

Good on you for stirring the pot.
  Forum: By Share Code

trisail
Posted on: Oct 9 2007, 10:38 AM


Group: Member
Posts: 370

It looks as though the worm may have turned.
  Forum: By Share Code

trisail
Posted on: Oct 9 2007, 08:21 AM


Group: Member
Posts: 370

In reply to: bloodclot on Monday 08/10/07 10:13pm

I bought back in 03 at .78c and have averaged down to low .40c but as much on principle as profit considerations I am unhappy with the local science being given away.

Anywhere but on the Aussie bourse this stock would be trading at multiples of its pre bid price.

I just get peeved that our investment community does not support our Australian innovators but the realist in me agrees that without another party putting a bid on the table this deal will probably go through......but I say again, not with my vote.

ATB
  Forum: By Share Code

trisail
Posted on: Oct 8 2007, 11:54 AM


Group: Member
Posts: 370

In reply to: trisail on Tuesday 16/01/07 07:44am

Note to Self:

The value in this company has been enhanced since the first bid through ongoing product development and the business growing organically and further with the winding up of CRC which added circa $1m to the company.

I think this bid at .65c still grossly undervalues the company and I will not vote for acceptance.

  Forum: By Share Code

trisail
Posted on: Sep 20 2007, 06:48 PM


Group: Member
Posts: 370

In reply to: AlGoreRhythm on Tuesday 18/09/07 12:09pm

Up yours .....snodgrass.
  Forum: By Share Code

trisail
Posted on: Sep 18 2007, 09:43 AM


Group: Member
Posts: 370

In reply to: Klomp on Tuesday 18/09/07 09:20am

Klomp I don't know if it is the same company. This exert from a trading statement in July 07...

Absolute Capital Management Holdings Limited is a specialist fund management
company focused on delivering investment returns through the management of
absolute return funds in equities and fixed income products, since inception in
2004. The enlarged company now has offices in, the Cayman Islands, Switzerland,
the United Kingdom, Singapore, Spain, Cyprus, Poland, Brazil and Argentina Post
completion the group will manage 12 funds and have in excess of US$3.25 billion
under management. ACMH listed on AIM on 3rd March 2006.

On the 4 Corners report last night Absolute was not mentioned in the body of the program but at the end with the sign-off music a scrolled list of affected funds was rolled across the screen.

As I said in my initial post......I am just looking at possibilities; and this seemed a likely candidate.

Take your point on beneficial ownership.
  Forum: By Share Code

trisail
Posted on: Sep 18 2007, 09:12 AM


Group: Member
Posts: 370

In reply to: Badhairday on Tuesday 18/09/07 07:57am

Maybe if the holding had been apportioned across a number of nominee entities then there may not be any technical need to inform the market. Absolute do not appear in the top 20 holders.
  Forum: By Share Code

trisail
Posted on: Sep 18 2007, 04:29 AM


Group: Member
Posts: 370

I have been suspicious about the nature of the selling over the last two mths given the volume.
Insider knowledge? Manipulation? US credit market washout?

Watched the ABC TV prog ' 4 Corners' last night on the world wide ramifications of the sub prime debacle and guess whose name flashed up in the closing credits as a fund with a large loss exposure.......
Absolute Capital.

I may be way off track but all the pieces fit. We may be watching a large holding in CUV being unwound and more to the point being unwound under some duress as there is no fundamental flaw in the product trials underway or the strategy as outlined by Mr Wolgen that I can see.

I noted XRays comments that he could see a 40c SP if this downward trend follows true.

If this price pressure is from AC unloading then anything is possible I guess but the SP fall could be more of an opportunity than a problem.

Cheers
  Forum: By Share Code

trisail
Posted on: Aug 16 2007, 06:16 AM


Group: Member
Posts: 370

In reply to: dan.heath on Thursday 16/08/07 12:48am

Market correction aside......the difference between the NTA including the royalty stream and the SP clearly shows that something is badly askew in the markets perception of Peptech.

Now whether that is a negative response to the board and management or just a really crappy PR effort I don't know, but the reality is that a great many shareholders are under water on their investment and have been for a very long time with only the varying depth providing some change of scenery.

I have about lost all patience with the company also.
  Forum: By Share Code

trisail
Posted on: Jul 4 2007, 03:51 PM


Group: Member
Posts: 370

In reply to: Long Haul on Wednesday 04/07/07 03:35pm

I think a quite good response to the share price weakness of late.

PG (for the first time) actually strokes the prospect of cosmetic application which may indicate the pressure he is feeling on the SP.

Doesn't address the IND application but strong on the orphan drug potential.

I give it an 8.
  Forum: By Share Code

trisail
Posted on: Jun 27 2007, 04:23 PM


Group: Member
Posts: 370

In reply to: carneius on Wednesday 27/06/07 03:48pm

Excellent article Carnius! Thanks.
  Forum: By Share Code

trisail
Posted on: Jun 27 2007, 03:35 PM


Group: Member
Posts: 370

In reply to: ezinameriadu on Wednesday 27/06/07 01:55pm

Ezi, some of the falls can be attributed to tax loss selling here in Australia as our financial year ends 30/06 and punters need to offset profits made during the year. So the price should begin to climb again come July (or at least hold).

Cheers
  Forum: By Share Code

trisail
Posted on: Jun 26 2007, 05:21 PM


Group: Member
Posts: 370

As holders we are all obviously heavily in to self inflicted pain so here is some more.....

from a T A angle we could drop down to $1.30 to fill the gap from Dec 06. And that, said the good book, should be the bottom from which it will bounce.

Who ever said the market was logical.
  Forum: By Share Code

trisail
Posted on: Jun 13 2007, 08:58 AM


Group: Member
Posts: 370

In reply to: crudeoil on Tuesday 12/06/07 11:02pm

I concur.
  Forum: By Share Code

trisail
Posted on: Jun 12 2007, 04:20 PM


Group: Member
Posts: 370

In reply to: crudeoil on Tuesday 12/06/07 04:02pm

Yo Crudeoil,

Nasty piece of work, this Mos. You are only saying $5 by Xmas so I won't sell......aren't you?

I have had a holding in various forms since the early 90's. Sold some, bought some and eventually just sat some. Damn company promised so much but always managed to shoot itself in the foot.....and generally on the vinegar stroke.

I am about even on my current holding so I guess I will hang on in there and just whinge a bit to the dog about my breaking my trading rules (again).

Cheers
  Forum: By Share Code

trisail
Posted on: Jun 12 2007, 09:49 AM


Group: Member
Posts: 370

In reply to: gerd96 on Tuesday 12/06/07 09:40am

If it looks like a duck

And it quacks like a duck..................


But then I have been holding for years also. GRRRRRRRRRR
  Forum: By Share Code

trisail
Posted on: Jun 5 2007, 02:11 PM


Group: Member
Posts: 370

In reply to: polyphemus on Tuesday 05/06/07 12:26pm

Maybe not retarded Poly but certainly peverse.

'Buy on rumour and sell on fact' still rules.
  Forum: By Share Code

trisail
Posted on: Jun 4 2007, 04:34 PM


Group: Member
Posts: 370

In reply to: Tok3n on Monday 04/06/07 04:25pm

Early 04 for me Tok3n.
Don't know if I agree with Di about this being the most boring stock to hold...........obviously hasn't been in Mosaic. ( which has done a few handstands in the last few days also)
  Forum: By Share Code

trisail
Posted on: May 31 2007, 02:07 PM


Group: Member
Posts: 370

In reply to: woteva on Thursday 31/05/07 11:17am

Yo Woteva...is looking good. Need to drive through $1.02 and hold there or above at close for me to be totally comfortable.

GO YOU GOOD THING!
  Forum: By Share Code

trisail
Posted on: May 28 2007, 02:58 PM


Group: Member
Posts: 370

Regretting that I sold only 40% of my holding at the announcement...I should have ripped the lot.

I think the sell down has been overdone on factual analysis so the drivers must be emotive. Holders are p.... off with managements inablility to get out of their white coats.

We have the funds to buy upstream. Something with prospects of comercialisation in the short to mid term and then take on a collaberative partnership with EGX to secure options on the future.

The market is screaming at the board to show us something we can take to the bank NOW.
  Forum: By Share Code

trisail
Posted on: May 26 2007, 08:47 AM


Group: Member
Posts: 370

So it would appear from the comments below that management have ceded control of quantitive PR to Pentax and failed to generate interest from the market with the 'same old, same old' lines trotted out when pressed.

No market interest = no rising SP
No Rigid deal (outside acceptable time frames) = no rising SP
No rising SP = Market 'ignore' button pressed

All this plays into the hands of any predator be it Hoya/Pentax or private equity. Just bide your time and frustrated holders will hand you the company for a pittance.

I emphathizee with OIL feeling constrained on just what they can say BUT the meek genius is going nowhere and is not controlling its own destiny. Time to be a bit brash maybe. Who else are Pentax going to get their control units from?

We are being played for suckers!
  Forum: By Share Code

trisail
Posted on: May 25 2007, 05:03 PM


Group: Member
Posts: 370

Feels good doesn't it? You know.... to have a really LOUD FRUSTRATED YELL on the forum and make no more noise than a key stroke.

Have a great weekend all.
  Forum: By Share Code

trisail
Posted on: May 25 2007, 03:43 PM


Group: Member
Posts: 370

In reply to: polyphemus on Thursday 24/05/07 10:34pm

Poly we have gone off the rails. One seller? The anti SPP fervour has spread panic among the ranks.

Without more touchy feely news, the sizable gap between the price of the last week and the $1.07 SPP may have caused an unfortunate swirl of doubt.

I have already raided the piggy bank so can't afford more but, whether an aberration or a contrivance it is a great buying opportunity.
  Forum: By Share Code

trisail
Posted on: May 25 2007, 12:32 PM


Group: Member
Posts: 370

It beggars belief that the instutions in this country, awash with many millions of super $ can continue to ignore this company.

Surely, with the continued stream of positive and ground breaking results being released an insto with some initiative could invest our funds in our own science before it is picked up offshore.

Is the PR from Optiscan so awful? I doubt it. More likely Insto investment guidelines are so introspective that any vision beyond the nasal extemities is clouded.

Glad I have that off my chest, but for the SP to be at the same level as we were in Oct of 2002, given the enormous progress made since then is really quite ridiculous.
  Forum: By Share Code

trisail
Posted on: May 22 2007, 09:12 AM


Group: Member
Posts: 370

From the Melbourne 'Herald Sun'

http://www.news.com.au/heraldsun/story/0,2...612-664,00.html
  Forum: By Share Code

trisail
Posted on: May 18 2007, 10:51 AM


Group: Member
Posts: 370

Certainly seems that holders are wary of a delay on the PHIII given the SP stubbornly refusing to come up to the SPP of $1.07.

A positive announcement must then need to be made by Monday the 28th May at the very latest to allow time for holders to participate before the cut off (31st) but my money is on Friday the 25th.

For true believers (me) using SPP allocation monies on market now represents better value.
  Forum: By Share Code

trisail
Posted on: May 15 2007, 02:59 PM


Group: Member
Posts: 370

If PTD is the stalking horse for an EGX valuation then providing EGX breaks on the downside to .93-.94c we should settle around $1.63 for a bit.
  Forum: By Share Code

trisail
Posted on: May 15 2007, 01:17 PM


Group: Member
Posts: 370

In reply to: SunRa on Tuesday 15/05/07 12:30pm

So either the market is way out of focus and have missed the point entirely OR it is absolutely focused and is delivering a well considered spanking to the SP.

Either way the result is unpleasant.
  Forum: By Share Code

trisail
Posted on: May 9 2007, 03:54 PM


Group: Member
Posts: 370

In reply to: Benjammin on Wednesday 09/05/07 11:25am

Ben, I usually get a bad headache when good news is on the way with CUV.

I have just taken 23 penadol!
  Forum: By Share Code

trisail
Posted on: May 9 2007, 12:51 PM


Group: Member
Posts: 370

In reply to: bloodclot on Wednesday 09/05/07 12:25pm

If the market thinks PTD were a little generous in the takeover premium for EVX than the SP for Peptech may be sold down to a level where a perceived fair value lies.

Take out the premium for a P/E offer from Peptechs SP prior to this announcement and then discount to the perceived 'real value' for the merged entity (with the ensuing dilution) and I agree we could see a lower floor though I hope it is in the $1.50 - $1.60 range.

Reaching back to buy an emerging Bio is fine if you have your own lead candidate through PHII with a likelehood of early commercial cashflows but I would be far happier if the board reached forward for an outfit on the cusp of commercialisation at this stage of the game.

More waiting.
  Forum: By Share Code

trisail
Posted on: May 9 2007, 10:55 AM


Group: Member
Posts: 370

In reply to: nightshifter on Tuesday 08/05/07 03:30pm

Sad to see that your call might well be correct. Sold 40% of my holding yesterday and will watch and wait for a move of substance before or if I commit funds to Peptech again.

Have held and accumulated for 3 years but it does feel like the market just doesn't have faith in the board/managements commercial acumen and ability to deliver despite the cash box.

Now watch....the damn thing will probably soar to new heights now.
  Forum: By Share Code

trisail
Posted on: May 3 2007, 02:14 PM


Group: Member
Posts: 370

The placement will be difficult to get off the ground without some upward pressure on the price beforehand. Any positive news should do it.
  Forum: By Share Code

trisail
Posted on: May 2 2007, 03:59 PM


Group: Member
Posts: 370

In reply to: panguna on Wednesday 02/05/07 03:54pm

That is a great find panguna.

Certainly I had no knowledge of Wolgens background association with Epitan.

Cheers
  Forum: By Share Code

trisail
Posted on: Apr 26 2007, 09:23 AM


Group: Member
Posts: 370

Remember the five milestones funding agreement with Abs. Cap. of Jan 06?

3/ PhIII approv with either FDA, TGA or MHRA

4/ Acquire a Corp. partner in either US or Europe with a value of over A$15m

5/ Successful AIM listing

I would suggest at least two of the above are in play.
  Forum: By Share Code

trisail
Posted on: Apr 23 2007, 12:14 PM


Group: Member
Posts: 370

In reply to: SpookyOz on Monday 23/04/07 11:59am

Spooks it is on CUV's web page.
  Forum: By Share Code

trisail
Posted on: Apr 17 2007, 03:00 PM


Group: Member
Posts: 370

I have had $1.095 as my primary support level......so if I am right we should bounce around here before the next leg up.
  Forum: By Share Code

trisail
Posted on: Mar 31 2007, 07:50 AM


Group: Member
Posts: 370

As I mentioned on a previous post......Check out the Market Value of our Clinuvel when the ADR values are not brought back to par.
CLVLY
CLINUVEL PHARMACTL LTD | CLVLY
Portfolio Tracking Ticker Alerts

News Price
Charts Stock
Consultant
Stock
Report Company
Filings Holdings/
Insider Equity
Options Extended
Trading Guru
Analysis Company
Financials
Mar. 30, 2007 Market Closed
SPON ADR Market : Other OTC
Last Sale: $ 9.80 Net Change: 0.25 2.49%
Share Volume: 510 Previous Close: $ 10.05
Today's High: $ 9.80 Today's Low: $ 9.75
Best Bid: N/A Best Ask: N/A
52 Week High: $ 10.05 52 Week Low: $ 2.25
P/E Ratio: N/A Shares Outstanding: 277,322,000
Earnings Per Share (EPS): N/A Market Value: $ 2,717,755,600
  Forum: By Share Code

trisail
Posted on: Mar 28 2007, 04:00 PM


Group: Member
Posts: 370

These little buys are 'at Market' and are nibbling away at the 1.175 seller. The buyer is not coming up on the bid screen.
  Forum: By Share Code

trisail
Posted on: Mar 28 2007, 03:51 PM


Group: Member
Posts: 370

Strange little trades for 80 - 90 shares........program buying?


28-03-2007 03:49 PM $1.175 95 $111.625
28-03-2007 03:47 PM $1.175 5265 $6,186.375
28-03-2007 03:47 PM $1.175 930 $1,092.750
28-03-2007 03:46 PM $1.175 95 $111.625
28-03-2007 03:45 PM $1.175 160 $188.000
28-03-2007 03:42 PM $1.175 94 $110.450
28-03-2007 03:37 PM $1.175 95 $111.625
28-03-2007 03:36 PM $1.175 5000 $5,875.000
28-03-2007 03:32 PM $1.175 95 $111.625
28-03-2007 03:27 PM $1.175 88 $103.400
  Forum: By Share Code

trisail
Posted on: Mar 23 2007, 02:46 PM


Group: Member
Posts: 370

In reply to: mosaic1996 on Friday 23/03/07 02:06pm

Mosaic I can't get any information on Austral-Asia through a Google search so am I correct in assuming that the company is an investment vehicle and have no hands on involvement in the operation of assets?
  Forum: By Share Code

trisail
Posted on: Mar 23 2007, 01:37 PM


Group: Member
Posts: 370

In reply to: smurf on Friday 23/03/07 01:30pm

Quote: "Plus why aren't they pulling out all stops to get it certified for cats, surely an equally large market??"

At the risk of offending all cat lovers whats wrong with just running over them in a car!
  Forum: By Share Code

trisail
Posted on: Mar 23 2007, 01:29 PM


Group: Member
Posts: 370

In reply to: mosaic1996 on Monday 19/03/07 04:45pm

Well done that man!
  Forum: By Share Code

trisail
Posted on: Mar 23 2007, 08:27 AM


Group: Member
Posts: 370

In reply to: traveler on Friday 23/03/07 06:56am

Traveller, I noticed when checking the NASDAQ close for CUVLY (US$8.8 = A$1.09) that the market capitisation for Clinuvel is calculated on the NASDAQ site as US$2.4 billion .

The mistake made is obvious but wouldn't it be nice?

Cheers

Mac
  Forum: By Share Code

trisail
Posted on: Mar 20 2007, 02:46 PM


Group: Member
Posts: 370

In reply to: carneius on Tuesday 20/03/07 02:35pm

Sorry....just signed a contract for a new house and my head is not on the job.

Would have been better if they hadn't sold but still, a profit is a profit is a....

Cheers

Mac
  Forum: By Share Code

trisail
Posted on: Mar 20 2007, 02:23 PM


Group: Member
Posts: 370

In reply to: early birds on Monday 19/03/07 09:21pm

Early Birds, I don't think that Cir sold any shares in Avexa.....they increased their holding from circa 23m to 28.6m in Nov 06 and the ASX notice in Jan 07 reflected a reduction in the percentage of shares held following an issue of 49m by Avexa as a capital raising. The 28.6m they hold now represents 11.89% of shares now on issue whereas before the issue their holding represented 14.48%.

I could be wrong but that is how I read it.
  Forum: By Share Code

trisail
Posted on: Mar 14 2007, 03:41 PM


Group: Member
Posts: 370

In reply to: trisail on Wednesday 14/03/07 03:37pm

Correction on price (just visited the site)....$175 rather than $150 and there are a host of free progs written by the same author which are very useful and I use daily.
  Forum: Investment Discussion

trisail
Posted on: Mar 14 2007, 03:37 PM


Group: Member
Posts: 370

In reply to: juanbill on Wednesday 14/03/07 01:55pm

I use FCharts. The basic version is free but updating to the Pro ver is only around $150 I think.
With the pro package there are links for FREE intraday feeds with ticker and EOD downloads for ASX , NYSE, LSE + and a myriad of tech indicators.

The program is Aussie (Perth) and there is a community support forum accessable within or without the program for answers to questions on formulas etc.

Have used exclusively now for over 3 years and is brilliant. Updates are regular and free and are driven by users input into the forum.

This is the link........well worth the visit: http://www.spacejock.com/

Cheers
  Forum: Investment Discussion

trisail
Posted on: Mar 12 2007, 09:49 AM


Group: Member
Posts: 370

Having some diffuculty posting as a .pdf...but here is the text and the report is dated 20th Feb.


Strong Buy Strong Buy
Research
Positive Phase II clinical trial results
Event
Clinuvel announced that a second Phase II clinical trial of its photo-protective
drug, CUV1647, this time for EPP (Erythropoietic Protoporphyria), a UV related
skin condition, has met its endpoints.
Impact
This is positive news. Clinuvel will use these results to advance to Phase III for
this indication as soon as possible, pending regulatory approval. We caution
that Phase III trials do carry risk.
This moves Clinuvel one step closer along the path to market approval for
CUV1647.
CUV are arguably also one step closer to commercialisation discussions with
licensing partners and consequent valuation uplift. Clinuvel is targeting the
substantial global pharmaceutical markets resulting from increased UV radiation
in the environment.
We believe CUV offers a better risk profile due to the evaluation of CUV1647’s
safety and efficacy in two Phase II trials, including over 300 patients.
Overall we see this announcement as another significant positive step for the
company and for the share price.
Response
Clinuvel is an Australian biopharmaceutical company, based in Melbourne and
San Francisco, focussed on developing its leading drug candidate, photoprotective
CUV1647, for a range of UV-related skin disorders resulting from
exposure of the skin to the harmful effects of radiation in sunlight.
EPP is currently one of four key indications that Clinuvel is investigating to
pursue market approval of CUV1647. EPP is a generic condition characterised
by severe light sensitivity (photo-toxicity) of the skin. The condition affects
between one in 200,000 and 750,000 people. The condition mostly occurs in
people with a fair skinned complexion and is characterised by excruciating pain,
swelling, and scarring (mostly hands and face). The pain experienced by these
patients typically requires treatment with analgesics or anti-inflammatory agents
through out their lives. EPP patients are often forced to remain shielded
indoors, a lifelong behaviour that gravely affects their lives.
The use of CUV1647 in the treatment of EPP could allow CUV1647 to be
designated as an orphan drug which opens the path for accelerated trial path.
Its severity has allowed Clinuvel to use small numbers of trial statistically
significant trial results seek regulatory approval to move to Phase III.
This could potentially be Clinuvel’s second Phase III trial this year.
We recommend a “Buy”.
Analyst Colin Mackie
Market Stats Market Capitalisation $m 266.2
Shares Outstanding m 277.3
12 Month Price Range $0.28 - $0.97
Monthly Turnover $m 5.0
Monthly Volume m 4.5
Monthly T’over (of total) % 11
Forecast Returns % Return Forecast Price Appreciation 54.2
Expected Dividend Yield 0.0
Total Forecast Return 54.2
ASiNgZn iNfiocmanint eSehsa reholders % Held 28.1
Westpac Custodian Nominees 9.0
Merill Lynch 7.0
Kaupthing Bank Luxembourg 4.3
Management Position Roger Aston Exec.Chair
Philippe Wolgen MD
Dr Helmer Agersborg Chf Sci
  Forum: By Share Code

trisail
Posted on: Mar 8 2007, 12:38 PM


Group: Member
Posts: 370

In reply to: woteva on Thursday 08/03/07 11:43am

Yes Woteva, you've nailed it from Clinuvels position today but I would not rule out a topical application under prescription as a future alternative to the implant after the implant is established.

The point I was trying to make in my previous post is that any expansion of application proceedure research is unlikely to be undertaken by Clinuvel but the undeniable demand for a user friendly product and the potential rewards it would bring should entertain prospective suitors.

It's this unstated potential which will determine the price multiples when T/O deals are tabled.
  Forum: By Share Code

trisail
Posted on: Mar 8 2007, 08:50 AM


Group: Member
Posts: 370

Traveller I agree that the lotion would be hugely more appealing to general usage but my understanding of the decision by Wolgen to shelve that research was on the premise that approvals were far less likely with a cosmetic linkage alone.

The pathway he has now defined is clearly to market a product which addresses an unmet medical need........and one that is less likely to be branded a 'Barbie' drug and so gain ethical approval from regulators.

Once on the market for the approved usages the 'off label' public demand will create its own momentum and this may well be met with a topical lotion of a revised formulation, but probably not by Clinuvel. With a massive unrealized potential in an approved product the allure to a predator should be overwhelming if they have the marketing infrastructure to exploit that unmet cosmetic potential.

I think the way we are going is the most direct and promising path to success.
  Forum: By Share Code

trisail
Posted on: Mar 6 2007, 02:50 PM


Group: Member
Posts: 370

One buy of 87000 shares would take out all sellers to $1.00.

This is not a major take down...just some small holders with nerves.
  Forum: By Share Code

trisail
Posted on: Mar 5 2007, 01:00 PM


Group: Member
Posts: 370

In reply to: rooster on Monday 05/03/07 12:38pm

Yes it looks very sensitive right now.... only a few months cash left.

MAXMAC.

I have contacted them direct since my last post and have recieved the alternative product but it is imperative for a local distributor to be appointed as soon as this litigation is finalised (which maybe by months end), provided, of course, that they are successful.
  Forum: By Share Code

trisail
Posted on: Feb 27 2007, 10:03 AM


Group: Member
Posts: 370

In reply to: ad0304s on Tuesday 27/02/07 09:50am

With 7 posts in the last 6 months on the CUV thread it is a lonely lurk....ozestock.
  Forum: By Share Code

trisail
Posted on: Feb 27 2007, 09:11 AM


Group: Member
Posts: 370

In reply to: Astera on Tuesday 27/02/07 09:04am

I have asked ITG if he is back in but no reply yet. I think he actually did sell after returning from the UK.....was not a happy veggie at the time.
  Forum: By Share Code

trisail
Posted on: Feb 27 2007, 08:44 AM


Group: Member
Posts: 370

Just found some ghosts from the past on that other board......ITG and Whistler.

Whistler is still asking the hypertheticals and ITG is talking Beverly Hillbillies trash (maybe just trying to keep Whistler calm)
  Forum: By Share Code

trisail
Posted on: Feb 26 2007, 05:10 PM


Group: Member
Posts: 370

In reply to: calypso on Monday 26/02/07 03:29pm
  Forum: By Share Code

trisail
Posted on: Feb 23 2007, 03:04 PM


Group: Member
Posts: 370

In reply to: woteva on Friday 23/02/07 12:16pm

Thanks Woteva.....your feelings on the gold price by inference would mean a disintergation of the $US and maybe the Euro in the forseeable future. Now that is meaty.

Back on CUV, boy am I stoked. Been here since 03 and it has been a hard ride but now looks like our faith will be rewarded.

Cheers
  Forum: By Share Code

trisail
Posted on: Feb 23 2007, 11:05 AM


Group: Member
Posts: 370

In reply to: woteva on Friday 23/02/07 10:40am

Woteva are you using the Elliot Wave theory for your projections?

Cheers

Mac
  Forum: By Share Code

trisail
Posted on: Feb 22 2007, 01:06 PM


Group: Member
Posts: 370

From a T/A perspective the gap has now been filled.

We should see over the next few days if the Emperor has any clothes.
  Forum: By Share Code

trisail
Posted on: Feb 10 2007, 07:42 AM


Group: Member
Posts: 370

In reply to: bloodclot on Saturday 10/02/07 06:21am

The final close at 83p ($A2.08) on AIM.

No depth avail w/out subscription.
______________________________________________________________________________
Bid Offer Volume High Low Last Close
79.00 86.00 47,147 86.00 77.00 83.00 on 09-Feb-2007



Last 5 trades

Time/Date Price Volume Trade value Type
15:40:25 09-Feb-2007 86.00 10,000 8,600.00 Ordinary Trade
14:49:43 09-Feb-2007 86.00 300 258.00 Ordinary Trade
14:31:37 09-Feb-2007 86.00 1,328 1,142.08 Ordinary Trade
13:42:21 09-Feb-2007 86.00 1,162 999.32 Ordinary Trade
12:08:20 09-Feb-2007 84.00 5,000 4,200.00 Ordinary Trade

  Forum: By Share Code

trisail
Posted on: Feb 9 2007, 09:20 AM


Group: Member
Posts: 370

Results of AGM are posted and is it pleasing to see that Resolutions 4.5,6 &7 were withdrawn.

These were for allocation of Shares to Phil Jennings, Performance Share Plan, Increase Directors fee Pool and Renumeration Report.

There must have been a massive protest vote by small holders against these proposals and I note that re-election of Director Bill Bartlett only just scraped through.

If there was any doubt at all in the minds of the board that holders are fed up with past performance then that has now been very elequently blown out of the water.

I will not be supporting any PE deal that does not reflect a fair value that this board has to date been unable to realise.
  Forum: By Share Code

trisail
Posted on: Feb 8 2007, 03:37 PM


Group: Member
Posts: 370

In reply to: rooster on Thursday 08/02/07 11:19am

Rooster, there is a big chunk of red next to my holding of PCC but although I am tempted to buy and average down I just don't get their story. I have started using the product and find only about 50% of the Chemists where I enquire about it actually stock the product.

The common retort is that supply is not available........Local distribution just can not be that hard to organize and it seems they are just not up to it.

I also think that they will be forced to replenish the coffers very soon and at the level of SP at the moment any placement will need to be lower again by a margin to even hope to get any traction.

I would like to see this outfit strike a strategic lifesaving merger with Clover (CLV) as they also suffer as a stand alone but at least they are profitable.

GRRRRRR!

  Forum: By Share Code

trisail
Posted on: Jan 19 2007, 12:46 PM


Group: Member
Posts: 370

In reply to: regn on Friday 19/01/07 12:13pm

I think it was 8th Aug 87 first listed. As to the listing price all I can tell you is that it opened at .26c and closed at .22c so the .25c initial offering seems in the ball park.

Cheers
  Forum: By Share Code

trisail
Posted on: Jan 18 2007, 02:17 PM


Group: Member
Posts: 370

Am doing some housekeeping and shredding old buy/sell contracts from 2000 to Jan 01.

Came across a number of buy/sells for Optiscan in the $1.60 - $2.20 range.

I think in those days the active board was E*oli and Dimi was the main supporter of the stock.

Strange isn't it that here we are 6 yrs later with world best products of type and a S/P mid 40s.

I have just filed the latest buy contracts on Oil that I have been picking up this week.

...........also found where I bought Suncorp at $8.73 in the same period which is the inverse of

my Optiscan experience.

It will happen.

Cheers.
  Forum: By Share Code

trisail
Posted on: Jan 18 2007, 09:11 AM


Group: Member
Posts: 370

Good close in Germany o/night. Equiv of A$.838c t/o approx 96,000 shares.
  Forum: By Share Code

trisail
Posted on: Jan 16 2007, 07:44 AM


Group: Member
Posts: 370

In reply to: fastbuck on Monday 15/01/07 08:37pm

It is interesting that the PBO Board have been very quiet since the Inverness bid which was nearly 2 mths ago.

I am concerned that the s/p increase might reflect an increased offer getting the nod from the board.........I hope not as I believe fair value for the sum of parts in this company is around the 80-90c p/share.

Having said that, it is good that there is a little more attention being paid to the company and for that matter the sector.

Cheers
  Forum: By Share Code

trisail
Posted on: Jan 11 2007, 04:26 PM


Group: Member
Posts: 370

Biotechs 'Australia's best performers'

From the Sydney Morning Herald.

January 11, 2007 - 9:54AM


Pharmaceuticals and biotechnology has been the best performing Australian sharemarket sector over the last 21 years, according to an analysis by CommSec.

Since 1986, average annual returns, including dividends, from the pharmaceuticals sector were 25.5 per cent, outperforming 14.1 per cent annual gains from the broader market.

Posting the worst returns was the food, beverages and tobacco sector, which recorded average annual returns of 12.6 per cent over the past 21 years.

Banking stocks lived up to their reputation as a solid, stable investment, posting average annual gains of 21.8 per cent over the last 12 years, in which time they have fallen only once.

CommSec said no industry sector had either consistently outperformed or underperformed over the last 21 years - a result that backs up the argument that past performance is no indicator of future returns.

As for the wider sharemarket, Commsec said its 21-year data and even longer 47-year history of the overall market indicate that the Australian sharemarket has fallen, on average, once every four years.

Commsec predicts the media sector to outperform in 2007, driven by merger and acquisition activity.

Banks and diversified financials also are expected to outperform as investors trim their exposure to the resources sector, Commsec said.

Stable interest rate setting and the prospect for rate cuts should boost consumer spending and trigger outperformance in retail stocks and a recovery in housing-dependent sectors.

© 2007 AAP[B]
  Forum: Investment Discussion

trisail
Posted on: Jan 9 2007, 08:32 AM


Group: Member
Posts: 370

Mos shareholders are some of the kindest and most considerate people in the ASX marketplace.

Notice how we have refrained from any noisy posts lest we wake anyone at Mos HQ.

ZZZZZZZZZZZZ
  Forum: By Share Code

trisail
Posted on: Jan 8 2007, 10:29 AM


Group: Member
Posts: 370

In reply to: Pephead on Monday 08/01/07 09:54am

Good observations Pephead...sadly I agree with you.
  Forum: By Share Code

trisail
Posted on: Jan 3 2007, 12:57 PM


Group: Member
Posts: 370

So where is Whistler?
  Forum: By Share Code

trisail
Posted on: Dec 28 2006, 03:06 PM


Group: Member
Posts: 370

In reply to: woteva on Thursday 28/12/06 11:19am

Woteva, no doubt you have been watching the quotes. Looks like only two buyers in the main meeting all sellers and one of those is an overseas programmed order.

Your thoughts?
  Forum: By Share Code

trisail
Posted on: Dec 13 2006, 02:09 PM


Group: Member
Posts: 370

In reply to: King Baz on Wednesday 13/12/06 01:55pm

Well you got yours Your Highness and I got mine at .57 on the way down......let the giggling begin.

Good luck to all holders!
  Forum: By Share Code

trisail
Posted on: Dec 12 2006, 12:54 PM


Group: Member
Posts: 370

THIS IS A QUOTE FROM A BLOOMBERG AUS MARKET COMMENTARY.

"Peptech Ltd. (PTD AU), a maker of dog contraceptives, surged 35 cents, or 27 percent, to A$1.65. Peptech accepted a bid from GlaxoSmith Kline to buy Domantis Ltd., a biotechnology drug developer based in Cambridge, England, in which it holds a 31 percent stake."

So under the heading 'Usual Occupation' when Peptech is filling out its passport application we now know what the response will be.
  Forum: By Share Code

trisail
Posted on: Dec 12 2006, 07:57 AM


Group: Member
Posts: 370

In reply to: Krumbs on Monday 11/12/06 10:46pm

Hey Krumbs........it isn't a $10 valuation but it is the only story I could find this morning in the columns of our astur financial press!


Peptech soars on sale

Liam Walsh

December 11, 2006 11:00pm
Article from: The Courier-Mail

Font size: + -

Send this article: Print Email

SHARES in biotechnology company Peptech surged 27 per cent yesterday following its $178 million sale of a UK asset to drug giant GlaxoSmithKline.
Analysts boosted their valuation of the Sydney-based company following the deal for Domantis, reported in Saturday's Courier-Mail.

Peptech held a 31 per cent stake in Domantis, which is working on early stages of treatments based on antibodies.

"This proposed acquisition reinforces the view . . . that new medical technologies with clear points of potential clinical difference – that may not have reached the clinic but are supported by comprehensive patent estates – can prove to be very attractive acquisition targets to 'big pharma'," analysts at Bioshares said.

Peptech expects to have about $193 million in cash after the deal.

Peptech's pipeline has been criticised as being too narrow, but it yesterday said target companies would be in the mid- to late-stage.

Peptech also said it retained rights to develop further potential targets from Domantis.

Shares jumped 35¢ to $1.65 yesterday – a recent high but off a five-year record of $5.23 in 2002.

ABN Amro Morgans said the deal potentially added 65¢ to its $1.70 valuation.

Bioshares were expecting Peptech shares to trade over $2.

"This is a welcome reward for Peptech investors and a huge fillip for the local biotech sector," Bioshares said.


ENDS
  Forum: By Share Code

trisail
Posted on: Dec 11 2006, 10:16 AM


Group: Member
Posts: 370

I seems the market is only attributing the difference in the value of the GSK purchase to the Domantis stake value already built in to the price.....around 35c p/share. Working that theory back gives us a market valued stake in Domantis (prior to GSK ann.) of around .70c p/share which leaves a sum of parts value to Peptech of around .60c. (circa $98m capitalised).

I am gobsmacked.

Hopefully I have made a mistake in my calcs.

Thoughts?
  Forum: By Share Code

trisail
Posted on: Nov 27 2006, 02:21 PM


Group: Member
Posts: 370

In reply to: SpookyOz on Monday 27/11/06 01:18pm

Polite applause from the gallery......."Here's your hat Wayne, what's your hurry?"
  Forum: By Share Code

trisail
Posted on: Nov 26 2006, 07:50 AM


Group: Member
Posts: 370

In reply to: Dynaflow on Saturday 25/11/06 03:28pm

Mate I have held Mos for 20 odd years in various shapes and until the last cap raising was modestly ahead on my holding.

I too should have bailed around the cap raising period...now I am behind on my holding and just too pi****d off to sell the damn things until I can get a profit. There is someting to the culture of this company that seems self defeating.
I just hope latest board shakeup can sharpen the focus on their reason for being.

Cheers

Mac
  Forum: By Share Code

trisail
Posted on: Nov 24 2006, 11:12 AM


Group: Member
Posts: 370

Some solid support has lifted the SP 30% over the last few weeks. The distribution deal with Myer announced recently may have been the catalyst for a re-rating.
  Forum: By Share Code

trisail
Posted on: Nov 24 2006, 10:24 AM


Group: Member
Posts: 370

In reply to: bloodclot on Friday 24/11/06 09:51am

Agree Bloodclot.

This company has much more value in it than the current SP or the pi** weak offer acknowledges.

I expect more of these nibbles at our very undervalued and unloved Bios from overseas interests.l
  Forum: By Share Code

trisail
Posted on: Nov 19 2006, 09:02 AM


Group: Member
Posts: 370

In reply to: arjan1972 on Sunday 19/11/06 05:58am

Similiar technology isnt it? But years behind in terms of trials etc and it will be interesting to see where this topical application sits within Clinuvels patent family.

But the greater the news spread about the concept of the technology then the greater the awareness of CUV. It is good for us that other companies are investigating the potential of synthetic melaton because we have the runs on the board and all Alpha-MSH roads lead to Rome, and along with you Arjan, I am one of the toga wearing citizens.

Ciao
  Forum: By Share Code

trisail
Posted on: Nov 14 2006, 03:04 PM


Group: Member
Posts: 370

In reply to: alonso on Tuesday 14/11/06 01:38pm

Unfortunate timing for the consolidation as the market has retreated from retailers they expect to be negatively affected by a drop in discresionary spending due to the interest rate increases.

Damn it....I was almost back to above the line.
  Forum: By Share Code

trisail
Posted on: Nov 8 2006, 05:27 PM


Group: Member
Posts: 370

In reply to: carneius on Wednesday 08/11/06 03:16pm

Carnius, Pentax paid US$1.00 (A$1.96) p/share on their initial buy in of 6.6mill shares back in Feb 2002.
The quote from Optiscan on how the value of US$6.6m was arrived at as below:

[QUOTE]Although this allotment represents a substantial premium to
Optiscan's current share price it was a price agreed to by Pentax
during their evaluation of Optiscan's patented technology. The shares
allotted to Pentax will rank equally with all existing shares.

Given this and the subsequent growing of the product lines and facilities at Optiscan I would envisage any t/o price that is not well north of $2.00 will not get the nod from the board.


  Forum: By Share Code

trisail
Posted on: Nov 3 2006, 11:15 AM


Group: Member
Posts: 370

In reply to: dee27 on Friday 03/11/06 09:52am

$3.51 as at 30/06/003.

Cheers
  Forum: Investment Discussion

trisail
Posted on: Oct 26 2006, 04:38 AM


Group: Member
Posts: 370

In reply to: Varmi on Wednesday 25/10/06 03:48pm

This from todays Sydney Mng Herald : Just about sums up market feelings toward Mosaic.



Woodside Petroleum was up 60c at $38.21, Oil Search rose 2c to $3.46 and Santos jumped 24c to $10.51. It has 16.66 per cent of a gas find announced yesterday by 83.33 per cent owner and operator Mosaic, which was up a whole 0.5c to 16.5c gas announced at oil find
  Forum: By Share Code

trisail
Posted on: Oct 25 2006, 10:46 AM


Group: Member
Posts: 370

In reply to: albion on Wednesday 25/10/06 10:00am

I hope you are right Albion. I have been in and out of this stock for over 20 years and I am afraid that the brand is so badly damaged that only a complete shakeout of board/management will bring any value to the SP.

The farcical rights issue when in due diligence bordered on criminal negligence from the boards perspective and though I still hold a sizeable amount of stock I am content to leave them in the bottom drawer until one of the events I have mentiioned above comes through.
  Forum: By Share Code

trisail
Posted on: Oct 24 2006, 03:35 PM


Group: Member
Posts: 370

I am impressed the way the 2 - 3c margin sellers have been soaked up. Absolutely agree with Posters that we are on a roll from here.

There are very few Bio's with a PHIII lined up within the next 12 mths and it beggars belief that this fact will escape the attention of the market in the lead up to Xmas. As mentioned here before, some vision reinforcement by management over the next few months and a SP over 50c should be a reality very soon.

Go CUV!
  Forum: By Share Code

trisail
Posted on: Oct 24 2006, 10:44 AM


Group: Member
Posts: 370

In reply to: SpookyOz on Tuesday 24/10/06 09:35am

Looks like the Good Fairy has come to our aid!
  Forum: By Share Code

trisail
Posted on: Oct 18 2006, 02:56 PM


Group: Member
Posts: 370

It's all in front of me.

The Cheque Book, the pen, the acceptance form....the doubt. Another $18k????

FOR:
(a) A PHIII trial within 12mths for a genuine unmet medical need.
(b) A massive off prescription market
© A focused and a seemingly competent management.
(d) A last chance at entry at these levels.

AGAINST:
(a) A recent share price history with the hallmarks of agenda driven support.
(b) A dump post issue to lower levels.
© All the usual associated risks.
(d) A further two rights issues I want to be in with limited risk finances.

Where is that deck of cards?
  Forum: By Share Code

trisail
Posted on: Oct 12 2006, 02:28 PM


Group: Member
Posts: 370

In reply to: cumulus on Thursday 12/10/06 01:53pm

I gather it is MPO with 59PJ and a Market Cap of $20M but if these 2p figures are from Mungi then MPO have only a 25% interest in the fields.
  Forum: By Share Code

trisail
Posted on: Oct 6 2006, 08:21 AM


Group: Member
Posts: 370

In reply to: Mel N O'Tan on Friday 06/10/06 01:03am

Yeah Mel,

It's quite crowded up here on the fence.
  Forum: By Share Code

trisail
Posted on: Oct 5 2006, 08:52 AM


Group: Member
Posts: 370

In reply to: Astera on Thursday 05/10/06 08:07am

0851hrs and we have a clean buy depth board. Not one bid either way.
  Forum: By Share Code

trisail
Posted on: Oct 4 2006, 12:35 PM


Group: Member
Posts: 370

In reply to: Benjammin on Wednesday 04/10/06 11:58am

Hi Ben,
This lotion is maybe 10 yrs behind CUV so it isn't an issue. My referral to the blog was simply the interest that it has generated from many people who had never heard of
Epitan or Clinuvel but were interested in any drug that offered a tan.

It would be counterproductive for CUV to push any PR barrow promoting the tanning benefits for CUV1647 at this time.
  Forum: By Share Code

trisail
Posted on: Oct 4 2006, 07:52 AM


Group: Member
Posts: 370

Has anyone been following the blog in the Sydney M H re the US tanning lotion? Some insertions of Clinuvel in the blog but the level of interest in the tanning properties of the drug is huge........a shame that the tanning story is counter productive to medical registration of CUV1647 but as we all know, (and it is good to reinforce) this interest in the tanning side effects guarantees a mutza in off label usage.

http://blogs.smh.com.au/science/archives/2...ech_cat_wo.html

  Forum: By Share Code

trisail
Posted on: Oct 4 2006, 07:51 AM


Group: Member
Posts: 370

Has anyone been following the blog in the Sydney M H re the US tanning lotion? Some insertions of Clinuvel in the blog but the level of interest in the tanning properties of the drug is huge........a shame that the tanning story is counter productive to medical registration of CUV1647 but as we all know, (and it is good to reinforce) this interest in the tanning side effects guarantees a mutza in off label usage.

http://blogs.smh.com.au/science/archives/2...ech_cat_wo.html

  Forum: By Share Code

trisail
Posted on: Oct 3 2006, 04:11 PM


Group: Member
Posts: 370

In reply to: noddy1958 on Tuesday 03/10/06 03:02pm

Noddy I think you are being too generous to Absolute. I doubt if their holding would average up at better than low 30c but I would not be surprised if they did have a part to play in supporting the SP over the last few weeks.

A strategy would have been worked out between CUV and Absolute before this latest raising was formalised and remember that Mr Wolgen and Mr Agesborg were Absolute appointees.

On my wishlist would be strategic stakes being held by other fundies.....but that won't happen for a while.
  Forum: By Share Code

trisail
Posted on: Sep 28 2006, 03:37 PM


Group: Member
Posts: 370

In reply to: alonso on Thursday 28/09/06 03:17pm


This announcement shows that there is some emotion at board level. Frustration maybe that the SP has been languishing since time began.

The first announcement by the new Chair indicates a level of aggression to acheive some results and the sooner the better.

Can only be for the better for the SP notwithstanding the rights or wrongs of the board argument........and about bloody time!
  Forum: By Share Code

trisail
Posted on: Sep 22 2006, 10:58 AM


Group: Member
Posts: 370

In reply to: theadder on Friday 22/09/06 09:33am

I dno't get it........who would want another brown eye?
  Forum: By Share Code

trisail
Posted on: Sep 21 2006, 08:12 AM


Group: Member
Posts: 370

I agree with the positive postings on the rights issue. To me it spells FOCUS. Wolgen has divested distractions and guaranteed a cashed up development moving into PH3.

There are very few Bios's on the ASX that have such a single focus on moving into this latter stage of drug development with the cash to drive the trials to near commercialisation. Millens overhang is buffered by Wolgens arrangement of a first right of refusal though divesting his rights shouldn't cause too many ripples.

I will be interested to see what deal was done with ACM to modify the arrangements in place and I guess the new deal will be spelt out in more detail closer to the record date.

All in all.....it gets my vote.

Cheers
  Forum: By Share Code

trisail
Posted on: Sep 14 2006, 02:04 PM


Group: Member
Posts: 370

Looks to be a very disciplined buying block lined up. I dont want to throw a hex at it but the gaps on the chart dont look like getting filled atm.

Just need to break and then hold .46c and more will take notice.

  Forum: By Share Code

trisail
Posted on: Sep 13 2006, 03:44 PM


Group: Member
Posts: 370

In reply to: spot on Wednesday 13/09/06 02:32pm

1. Discount Warehouse started a major discount war and both companies were doing their arse.

2. From the outside looking in....not much seems to have changed in the way my local Crazy Clarkes is being run. Though one of the local opposition stores was severely damaged by fire over the weekend. MMMMMMMM
  Forum: By Share Code

trisail
Posted on: Sep 13 2006, 03:40 PM


Group: Member
Posts: 370

I wonder if 'In the Groove' has ever found his way back to the promise and the light?
  Forum: By Share Code

trisail
Posted on: Sep 12 2006, 11:36 AM


Group: Member
Posts: 370

In reply to: KRD on Tuesday 12/09/06 11:16am

I agree it would make the sales process simpler. Also Epipharm was eating capital for no immediate gain...better to stick with the knitting.
  Forum: By Share Code

trisail
Posted on: Sep 6 2006, 11:34 AM


Group: Member
Posts: 370

There is signicant resistance at .46c. If we can get there and hold then maybe, just maybe....
  Forum: By Share Code

trisail
Posted on: Aug 30 2006, 08:44 AM


Group: Member
Posts: 370

In reply to: trisail on Wednesday 30/08/06 08:42am

My spelling is crap......I meant Crohn's disease.
  Forum: By Share Code

trisail
Posted on: Aug 30 2006, 08:42 AM


Group: Member
Posts: 370

In reply to: woteva on Tuesday 29/08/06 04:12pm

Although there are probably others I know for a fact that commonly prescribed drugs for the treatment of Chrons' disease and also severe acne compromise the body's ability to absorb UV so one of these would be my guess for the the next application.
  Forum: By Share Code

trisail
Posted on: Aug 29 2006, 03:41 PM


Group: Member
Posts: 370

I know we are coming off a low base BUT the SP has picked up around 20% in the last 2 weeks.

CUV is a frustrating stock but it is speculative and it is easy to get our own hopes and dreams mixed up with managements' ability to deliver.

Cheers
  Forum: By Share Code

trisail
Posted on: Aug 24 2006, 12:54 PM


Group: Member
Posts: 370

In reply to: Fraz on Thursday 24/08/06 12:32pm

That maya be right Fraz but they tipped the proceeds into VSL at an approx 40% discount to todays price.
  Forum: By Share Code

trisail
Posted on: Aug 23 2006, 10:47 AM


Group: Member
Posts: 370

In reply to: Long Haul on Wednesday 23/08/06 10:28am

LH there is a 3 week notification period before rights can be taken up...maybe this time frame would go some way to get around the price sensitive news scenario but isn't Millen still on the board?
He usually sells when he senses a downturn in the price will occur, not a rise and his sales then underwrite further negativity on the SP. He ranks only slightly higher than that bearded turban wearing fella in my opinion.

Cheers
  Forum: By Share Code

trisail
Posted on: Aug 23 2006, 09:47 AM


Group: Member
Posts: 370

In reply to: woteva on Wednesday 23/08/06 09:31am

Spot on Woteva. Holders deeply mistrust Millen and Wolgen has moved to shore up the shre overhang this wombat has held over the register.

A positive management decision. Well done Mr Wolgen!
  Forum: By Share Code

trisail
Posted on: Jun 6 2006, 03:13 PM


Group: Member
Posts: 370

In reply to: aimforsimon on Tuesday 06/06/06 02:37pm

Hope you are right! The Chart looks great and with Kia coming on board we are back on growth
momentum.

Bit of an Australian success story really.... in a really tough market.
  Forum: By Share Code

trisail
Posted on: Jun 5 2006, 01:39 PM


Group: Member
Posts: 370

Our reserves of Oil/Gas are now out there with 2P reserves of 49.9PJ of gas and 2.7m BOE and 3P resevers of 127.5PJ and 8m BOE leaving Kimu out of the eqation.

Because the gas sales are contracted I do not know how to value of these reserves but 2.7m BOE at say $40 p/barrel is $108m or .22c p/s.

As a valuer I make a good cook but the current share price doesn't seem to make sense.
Anyone out there better able to attribute an asset value to Mosaics' portfolio?

The markets scepticism with current management probably invokes a nasty discount to values but there must be a number that represents fair value to the companys assets far above the current SP.
  Forum: By Share Code

trisail
Posted on: May 26 2006, 11:47 AM


Group: Member
Posts: 370

If Pentax believe that the sales of the product are going to be particulaly strong it is imperitive for them to ensure that the company supplying the scanners is financially strong enough to support a rapidly expanding production schedule.

Now that makes sense......no good selling the house down at distributor level if the supply end can not cope with increased demand.
  Forum: By Share Code

trisail
Posted on: May 26 2006, 10:43 AM


Group: Member
Posts: 370

In reply to: fab1 on Friday 26/05/06 10:21am

Is this upfront royalty payment somewhat unusual in commercial practice? Especially so as there does not appear to be a 'discount on royalty' trade off.

To my mind this accomodation from Pentax is 'over and above the call of duty'
and reinforces just how keen Pentax are to nuture the relationship with Optiscan.

This sure looks like a very successful marraige.

  Forum: By Share Code

trisail
Posted on: May 25 2006, 10:02 AM


Group: Member
Posts: 370

In reply to: dory on Thursday 25/05/06 09:53am

Dory this report from the DDW conference can only be described as brilliant. It seems inconceivable that as the message gets out OIL will not see a significant re-rating.
  Forum: By Share Code

trisail
Posted on: May 23 2006, 04:03 PM


Group: Member
Posts: 370

In reply to: trisail on Tuesday 23/05/06 04:01pm

Can't get a grip on those smilies but GRRRRRRRRRRRRRRRRR is what I meant.
  Forum: By Share Code

trisail
Posted on: May 23 2006, 04:01 PM


Group: Member
Posts: 370

.14.5c..........the lowest close since July 03!!!!

GO, you good thing.http://www.sharescene.com/html/emoticons/grrr.gif
smilie
  Forum: By Share Code

trisail
Posted on: May 18 2006, 02:06 PM


Group: Member
Posts: 370

In reply to: alonso on Thursday 18/05/06 12:50pm

Sorry Alonso but you are no show. Your bid was .35c and we have tons of good news to hit before the 31/7.
The price is holding up well I reckon given what is happening atm.

Cheers
  Forum: By Share Code

trisail
Posted on: May 12 2006, 08:25 AM


Group: Member
Posts: 370

I bought into MMA a few months back. The discount to NTA gives downside protection but I took a position basically as a hedge...'Straw hats in winter'.

Certainly the SP is not racing up the ladder but it is pretty safe IMO.

Cheers
  Forum: By Share Code

trisail
Posted on: May 10 2006, 03:27 PM


Group: Member
Posts: 370

In reply to: diana on Wednesday 10/05/06 03:02pm

Without doubt CNOCC will step up to the plate and HZN will then retain only 15%.....but still a wonderful result.
Also if the flows are sufficient to deem this well a stand alone producer then the partners are in a strong position to wrangle a delovery deal with the existing CNOCC infrastructure already in place in the area.

Roc on, the horizon isn't far.
  Forum: By Share Code

trisail
Posted on: May 8 2006, 03:54 PM


Group: Member
Posts: 370

In reply to: drrc on Monday 08/05/06 03:37pm

Thanks drrc...these broker notes are always interesting.
  Forum: Investment Discussion

trisail
Posted on: May 8 2006, 08:41 AM


Group: Member
Posts: 370

In reply to: panguna on Saturday 06/05/06 11:38am

Panguna, the Vitiligo condition has been shown in earlier tests by the then Epitan as not responding to the implant. I don't think treatment of this condition will be met by CUV1647 as even Negroid and Melanesian peoples suffer from the condition and these skin types have more natural melanin then caucasians.

Having said that, the media interest very wlcome.
  Forum: By Share Code

trisail
Posted on: May 5 2006, 02:38 PM


Group: Member
Posts: 370

In reply to: mosaic1996 on Friday 05/05/06 02:29pm

Mosaic it is bloody hard to type when doing a jig!!
  Forum: By Share Code

trisail
Posted on: May 3 2006, 01:26 PM


Group: Member
Posts: 370

Very strong buying today. Could well give .30c a nudge by weeks end.......and loving it!!!!
  Forum: By Share Code

trisail
Posted on: May 3 2006, 10:35 AM


Group: Member
Posts: 370

In reply to: karl79 on Wednesday 03/05/06 09:55am

Welcome Karl79. Most posters on this forum would agree with your price prediction which is $A1.65 low end in 3 years.
Investment in the Biotech sector in Australia has been out of favour for some years, in part because of the strength in resource stocks and as a result stocks like CUV have very little 'blue sky' in their price.
Maybe after this stock is listed on the AIM the European investors will drive the price up to more realistic levels on the sales potential that they recognise in their own countries.

Cheers
  Forum: By Share Code

trisail
Posted on: Apr 28 2006, 03:36 PM


Group: Member
Posts: 370

In reply to: Wargfang on Friday 28/04/06 03:27pm

Hee hee!
  Forum: By Share Code

trisail
Posted on: Apr 28 2006, 08:05 AM


Group: Member
Posts: 370

In reply to: paufin on Friday 28/04/06 07:49am

Paufin, I have never heard of this reaction from the implant. In fact I am pretty sure that the researchers claimed way back that hair and eye colour changes were not an issue.

Cheers
  Forum: By Share Code

trisail
Posted on: Apr 28 2006, 06:37 AM


Group: Member
Posts: 370

The latest report out reads like a Greek tragedy.

Waggamba and Rockhampton wells severely damaged by inept drilling proceedures. No rig for WagIH until July..maybe and production for the last qtr down in every dept.

The only positive I can take out of this is that management will be actively seeking farm-in partners for many of its tenaments.
  Forum: By Share Code

trisail
Posted on: Apr 27 2006, 12:11 PM


Group: Member
Posts: 370

In reply to: dee27 on Wednesday 26/04/06 06:55pm

This is a great thread. I have held OIL since my initial buy at $2.05 in 2000. I have traded my way down to a .39c average but am not game to calculate the opportunity costs so any number above .60c will make me feel much better.

As for a target come July....put me down for .68c. The science is compelling but the blue sky volatility is no longer a factor only the fundamentals and these should be far more visible by years end. Then >$1.00.

Cheers
  Forum: By Share Code

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