Matthew, I just left a 3 hour meeting with a company that values Biotechs for VC firms..
And the first post I read is yours..
All investing is about pricing risk.. So whilst you think this is a bad investment ? Because you can't win, I see it as becoming much more compelling as we progress and the risk reduces and the SP goes down..
Perfect scenario.. And I have been buying.
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2014 full year results & corporate update, page-12
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