Sass, page-52

In Nov 2019 the share price hit 3.88, in January 2020 it hit 4.17.
What did the market think it new then it does and does not know now?

1. We knew the market size then, plus or minus around 30 million in USA.
2. We thought it was a 3 year journey to registration. Turns out it was a three year journey from IND to submission for registration.(that was dropped in a web interview by PR in Nov last year. We didn't see an announcement until the phase 3 trials milestones were laid out.
That started a long slow decline from 2.80 or so early this year to where we are now.
3. We didn't know about covid back then but we have known about it for quite a while, now.


By Nov 2 there will be a lot of bets being laid (it is a Tuesday, and that is significant to Aussies ). We should know by then if the IND is open.
So right now how long to FDA say they are ready to accept a submission for registration?

We should be asking that it is PARticularly PARamount that PAR management give us full PARticulars of the new milestones at the AGM.
Then to PARaphrase a saying, we will know what's what.