Good morning all
Interesting to take note that morning stars evaluation continues to rise, not that it means much but it is now set at 20.6 cents, the highest level that I have seen it in well over a year!!!
Has anybody got an updated Morgan's evaluation? I'd be keen to see what price they are now saying we are worth with the COVID data into the mix. Might see if I can get a chance to contact Scott power, I believe I still have his direct number...
In my honest opinion I believe that 11.5 cents needs to be re-evaluated in order to try and suck in short minded shareholders to sell.. just ain't gonna happen at 11. 5 sorry Pfizer nice try but condolences.
On a side note since Pfizer came on board it has at least stabilised our share price while many other non/minor revenue generating companies continue to struggle and are trading at or near 52-week lows due to the tech sell-off as investors continue to take some risk off the table notably from all the stimulus money that was popping up the markets, which has since dried up and families struggling to keep on top of their bills due to Inflationary pressures, rising interest rates etc...
ResApp is a shining star compared to the majority of the market, worth many multiples from here as we all know... let's see how this develops but I'm pretty certain the no vote is going to get over the line and we will have one decent Kick-Ass partner being pfizer to take us through to the regulatory process with ResApp's 4 million bucks in hand!
By the way I can't wait to see who we actually do these double-blind clinical trials with... hopefully someone with a large volume of COVID-19 patience going through in order to get the study completed in a speedy time frame. Whoever it is going to be let's hope it excites the market and gets rid of that 6 million shares or so on the sell line over the past weeks so this could actually start to get some legs and may force Pfizer to up their ante!
Cheers
Red bar
