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11:23
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Originally posted by Wise_One
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There is a lot of panic in RAP shareholders at the moment. A lot of this panic is unjustified and then there are a lot of people scaremongering (i.e. Motley Fool etc) to try and create an impact on the SP.We are also looking towards: The only events which have transpired are: - A slight delay in the US pediatric hospital trial announcement / commencement (This was supposed to occur by 30-June & now it has been pushed back to July) Now thinking rationally about the investment thesis in RAP & taking in to consideration the events which have transpired since 21-June (ann of Adult results) we can conclude: - There was some initial disappointment selling 29-June to 1-July when it became clear the 30-June deadline was going to be missed Make no mistake, nothing has changed in my mind from an investment thesis perspective & the ride back to all-time highs will be a lot smoother & faster than last time as we have already been there and this time we are going there with shareholders that have a higher cost base.
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You're probably right there, Wise One. It's a little sad, though, to see the shares change hands from the frightened to the cunning. I guess the share market is the most brutal jungle of all.
