Yes agree ...very disappointing forward statement on the back of the most recent 'results'
Big red flag for me when there is no published data from the company available for scrutiny on those study outcomes - and as you rightly point out companioned by nothing more than a 'motherhood statement' on direction
the sector is full of such nursery's making similar pronouncements - they have failed to differentiate in a space that required clear differentiation imo
Reduced my holding over the last week by a decent percentage over time so as not to adversely impact the static sp as it is
Will assess my forward position across Dec and Jan as to whether to remain holding at all.
Quite clearly there needed to be detailed result/outcome technical information available and a clear strategic path across the next six months based on that information if you are intending to negotiate and exploit the available regulatory opportunity ....seems this direction to commercial revenue is now counter to their previous statements as this calendar year rapidly draws to a close.....
don't see how any other conclusion can be drawn at this stage
happy to be corrected of course.
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