1. results processing - typically takes longer than expected given the cohort size and trial complexity. this can be broken down into either the fact they have not received clear-cut answers and trying to piece together a good story for the market, or simply it's taking longer than anticipated.
the concern here is that in their Ann's they flagged they have a short time frame required for processing trial data, but yet we are still nearly a month over .... so go figure. either they misguided us, or it is actually taking longer than they thought. I'd like to think the latter is in play, given the sector it is quite likely. the cynic in me is cautious of the first sub-point though.
2. potentially the clinical board is holding this up. needs to pass through their hands. they run the trials and collect the data in conjunction with BOT.
either way, doubt anyone will buy until results are out. so we will be in limbo. ALL IMO etc.
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Mkt cap ! $689.3M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 248028 | 38.0¢ |
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Price($) | Vol. | No. |
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38.5¢ | 356327 | 6 |
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4 | 257702 | 0.375 |
5 | 286143 | 0.370 |
5 | 154861 | 0.365 |
8 | 220465 | 0.360 |
6 | 256198 | 0.355 |
Price($) | Vol. | No. |
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0.385 | 169178 | 3 |
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0.395 | 471715 | 8 |
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