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Biotech / Medical : Progen Industries Ltd (PGLAF)

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To: Henrik who wrote (303)3/15/2005 5:15:41 PM
From: Jorgen Jensen   of 349
 
Hello Henrik,

After watching yesterday's action on the AX, with a volume of 432k shares, I am disappointed in today's action over here.
Now I am wondering if the spike yesterday might have been due to something other than the Avastin news.

The volume was very encouraging, as we have only had big days like this twice in the past 6 months.

At the current exchange rate, A$ 3.98 equals US$3.15.

I will be watching the action "down under" tonight, to see if there is some profit taking.

Hope you had a pleasant trip to Europe. I noticed the temperatures in Denmark have been in the thirties. Brrrr.

Jorgen
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