1AI 10.0% 1.1¢ algorae pharmaceuticals limited

Newsletter, page-48

  1. 11,748 Posts.
    lightbulb Created with Sketch. 5949
    Be good to have more clarity and answers to your concerns, I've always received an answer from this company, it may take up to a fortnight but they have always replied. (I have one stock that as far as I know has never answered a shareholders question)
    Sure its frustrating that LCT cant stream info out into the market place, we are all aware of the benefits of even the smallest snippet of news can effect the Share Price,,dramatically.
    From my own experience and I'm sure many others until LCT complete Phase IIB trials and the results from empirical evidence show a substantial benefit to the patient then that demonstrates a commercial opportunity to commercialise the treatment procedure.
    Up until that point, there is no possible way of the company we have invested into making income let alone massive profits.
    I am unaware of how many Phase IIB trials are taking place globally but I would suggest in the 10's of thousands, obviously not involving the insertion of live beneficial cells as with LCT but the odds are slim for Biotech Success. I've heard numbers of 1 in 1000 start up biotechs make it to commercialisation and then profitability.
    Recently I wrote some advice I gained from a very senior investor and it was only buy a Biotech that is 10 years or older, that first decade is known as the Biotech Bank. Only invest in a Biotech with senior researchers who are well respected.
    So I'm in to the end, Sure I would love for the world to recognise what incredible advances so far LCT have made , it would be great to turn on the TV and see articles or open a News Paper even and read an article, But what I want even more is that the patients in the trial are treated well and benefit extremely positively from the treatment...
    The rest will come, if all is successful I believe this stock would be capable of generating intergenerational wealth for you and your families.
    The volumes of those selling is tiny, sure I like seeing green next to LCT , we all do, If anyone wants to sell a load at 6, I will be backing my truck up.....
 
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