The price has fallen quite significantly over recent weeks then they bring out todays statement. Other statements have said the fundamentals haven't changed. Its not all doom and gloom but we will be waitng much longer for progress to be made. What do you think?

Not sure about a rat-smell but you only have to remover the airtight cover of Hype and look at the figures:
The MkCap is huge and the turnover quite small, =less than a pair of Directors will earn, so something is just not right. I bought into their Research story after a big fall ( about 1) and the slide since then tells it all. There was an up-beat agm statement, but what really matters is sales -
This business has been arround long enough to have knocked on a few (customer)doors and they er, ...have been sent away. They may have a great technology (I don't doubt it) but what makes value (for shareholders) is a rising SP based on year-on-year increases in turnover.
There is no turnover, yet the present valuation is pretty strong........so I've sold most of my holding and will await updates etc. Hopefully if the story changes I can av down. what remains. If not then,..........

Kivver you are right again...dropping down to 59p today...is there some bad news coming or PRM is still overvalued?

not been in this one or followed it for a long time. lost load but learned a load too, good luck if you are still in.

no, I am not in this one, Kivver

Proteome Sciences PLC
09 February 2006


Proteome Sciences Plc ('the Company')


9 February 2006


Notifiable Interest


The Company received notification on 8 February 2006 from Fidelity Investments
that FMR Corp. and its direct and indirect subsidiaries, Fidelity International
Limited and its direct and indirect subsidiaries and Mr Edward C. Johnson 3rd (a
principal shareholder of FMR Corp. and Fidelity International), have a
notifiable interest in the ordinary shares of the Company of 14,487,793 shares,
being 11.02% of the current issued ordinary share capital of the Company.

END

This information is provided by RNS
The company news service from the London Stock Exchange

Anyone know If that's a buy or sell please? Up to 52p on that news so probably a buy.

It's a buy, but a strange one as, from memory, they recently sold the same amount- but it is good news as it seems that they are continuing to support.

Thanks GW, havan't been near these for years, just caught my eye.

Now up over 16%, never fully understood their business but these did tend to trade well.

just wondering if they could run again!!

About time!! Hopefully we will see some action now.

Proteome Sciences signs licence agreement with bioMerieux for stroke biomarkers
AFX


LONDON (AFX) - Proteome Sciences PLC said it has signed a licence agreement with bioMerieux to use its biomarkers in blood for the detection, diagnosis and monitoring of stroke.

No financial details were disclosed.

Chief executive Christopher Pearce said: 'bioMerieux is a major global player in clinical diagnostics and an ideal partner to take Proteome Sciences biomarkers into routine usage around the world in large central laboratories for high throughput testing.'

newsdesk@afxnews.com

ks

Hey guys,

I came across this audio interview with Christopher Pearce the chief executive at Proteome Sciences.

Its worth a click:
http://www.brrmedia.co.uk/event/98298/christopher-pearce-chief-executive

The trouble with this Co. is we are hearing how wonderful everything is with Revenues up 44% - only to discover their turnover isn't much greater than one Tesco Metro store. The figures are tiny for the size of the Healthcare Market and whilst this might be a "buying Opportunity" the sp depression (-6%) is indicative of fears that we might yet again witness DILUTION - the fav. trick of many tiddlers while the Directors and hangers-on get a larger stake.
Held this for a decade, it seems - and the sp has never justified the wait . . any other views?

Hi Hangon,I'm a bit hungover but it seems to me that this share goes up about this time of year and down by the middle of next year so I am selling and looking to buy back at 35p in the summer holidays.