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bluemango - Wed, 21 Dec 05 :

Could hardly believe PWC's comment about someone he knows wanting to offload if no news by year end. Why anyone should want to make such a trading/investment decision by picking an arbitary date, with the sp at historically low levels with very little volume trading, and with upfront payment revenue waiting from several sources - well I'm glad I don't use them as a fund manager.

Picking the year end seems particularly foolish as we move into a new financial year for potential partnering pharmas.


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