3SOF

labatts6254,
You made a very sound investment choice by buying Progen stock.
Just stay tuned and see the value grow over time.
This is a major growth opportunity investment. 
How does $10 and then $20 sound?
With more to come.

This is a link to a good source for company related information.

www.progen.com.au

PGLA will rocket out the starting gate on Monday open.   

Go to

www.progen.com.au

for the latest announcement and significant news released after the close of ASX.

<< Anyone still following?  >>

You bet and lots of them and for the much longer term that a short 'day trade kind of affair'

This is not an ideal stock to short term trade, but if you are looking for something to go wild on further announcement then you got it here in PGLA.

"We believe PGL had the upper-hand at the negotiating table.
Up until today's deal, PGL owned 19.9% of the issued capital of Medigen with the holding subject to an anti-dilutive clause. Removal of PGL from MBC's share register will permit the company to actively pursue fund-raising in the absence of restrictive anti-dilution holdings. We believe that PGL has used the non-dilutive restriction as a strategic advantage to reach favorable settlement with MBC. The outcome of these negotiations demonstrate that current PGL management has the ability to perform at the negotiating table. This bodes well for the company in the context of commercialization of PI-88, as progress will likely involve discussion with potential larger pharmaceutical partners at some stage in the future."
Overall, today's deal is positive for PGL shareholders.

Maintain BUY.

Target price:A$19.25


<< volume sucks  >>

Perhaps that is so to you if you didn't know what you bought.
The volume is in fact up compare with past years.

Why is the volume so low ?
Holders are not selling and the float is low –
~45mil in total (PGL & PGLA) of which only ~3mil is in PGLA format.
So what do you expect?

Why are holders not selling?
This is a great stock to hold.
And we are hanging out for a much much higher stock price – that is why!

Playground for day trippers is here at MTSX

http://dsc.discovery.com/fansites/future-weapons/weapons/zone1/metal-storm.html

BANG!   

If you can read you should know why!
Announcement with the trading halt details is available for everyone to read.
...........and it is good news.