Hi J8, I agree that there is a good chance management won't announce anything re: patient 6.
Everything already announced to date indicates it is working as expected and as far as I understand, it's not a requirement to disclose anything at this point. So I'm not actually expecting an announcement.
The point I was trying to make was given how desperate it appears some are for the reassurance of such news it may have a greater impact on sentiment and price than I'd initially imagined. With this in mind, I wouldn't like to sell on a 20% spike to find it runs further thereafter. And if management chooses to announce the results, it could be any day.
Add to this, the potential that the revised terms of the IPO proposal and extra roadshows may get some favourable interest and get some cash in the bank and trading on the NASDAQ within the next fortnight.
From these price levels I see a lot more upside than downside.
BLT Price at posting:
75.5¢ Sentiment: None Disclosure: Held
