It’s been a good but frustrating ride for me and SPL. I finished my selldown today.
i hope for the best for shareholders in the short term and will definitely keep an eye on SPL for re-entry maybe mid year. Cannot see anything but drifting down on little positive news for the short to medium term. I begrudgingly sold SPL parcels in the second half of 2018 to pay school fees and the like at much higher levels which was in hindsight a blessing in disguise. If it gets back to my original 80c buy in I’ll probably buy a few.
Such potential with its its platform tech. But let down by such slow progress of trials, constant missed targets and dead lines, questionable commercialisation strategies and opaque shareholder communications.
The latest crap from the CEO and co whereby they had an inability to tell the market they had received a CRL from the FDA was the icing on the cake. I will not be strung along and treated like a fool any longer.
Looking for for greener pastures with my hard earned cash.
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