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Port Erin Biopharma - Jim Mellon delivers the goods, but...

Tom Winnifrith
Saturday 20 April 2013

I was one of the founding directors of AIM listed Port Erin Biopharma (PEBI) but it was always the baby of Jim Mellon and I was happy to step down last Spring. Jim is good at picking biotech stocks and so I tipped the shares at a 5.5p offer price before Christmas on the grounds that I reckoned that the NAV of this company was c9.5p at the time – that discount (well over 40%) was too great.

Mellon has delivered the goods.

on ShareProphets.com | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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