Top 5 Volume Movers Today
All Bio Techs all pennies that have moved up strong, thought I'd try and do some of my fundie looking at them, make no mistake dogs of the aussie dow though
IMI 1450m shares Mkt Cap@0.009 = $13m Cash $300k
Low=0.001 High=3.2c
Assets: Intelliheart (hear related product) and some sort of Radiology
PNO 450m shares Mkt Cap@1.2c = $5.4m Cash $500k
Low=0.001 High=1.7c
Assets: Anti Inflammatory drug Triptofen
OBJ 660m shares +135m 1c Dec 2010 opies Mkt Cap@1c=$6.6m Cash $500k
Low=0.003 High=2.5c
Assets: Breatheassist and drug delivery through the skin without needles
PRR 345m shares +170m 2c 2011 opies Mkt Cap@6c = $51m Cash $1m + $3.4m opies exercise
Low=0.005 High=11c
Assets: Cancer antibodies!
SBN 775m shares +185 2c 2010 opies Mkt Cap@0.003 = $2.3m Cash $50k
Low=0.001 High=4.5c
Assets: Oral drug testing technology, has lost all partners and distrubtuion agreements as well major shareholders unwilling to support company anymore
While all are speculative dogs at the moment I can understand why PRR has run so hard I mean if they did develop antibodies to cancer then OMG!
To a lesser extent OBJ's needle free drug delivery technology would also be a massive break through (I personally hate needles c'mon guys do it for me and all the other babies out there)
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PNO's drug mkt is huge ie Tiger Balm and DencoRub sports gel come to mind
Not sure what IMI's intelliheart is
Staying the hell away from SBN, they have lost all support from distributors to major shareholders