No great joy here, but that’s not unexpected.
Commercial agreement before Nov 29 seems very unlikely so MM’s 25c options not likely to be vested in time, nor an SP approaching that, so those options look like going nowhere.
The HIV trials look hopeful but as always will be a long time to show results and another long time to market even if still looking good at the end of next year. Still worth hanging on for a go at that I think as a success in the trials could lead to some commercial action.
Covid “cure” is like a comatose rabbit in a hat hiding in a dark room waiting for a magician to wave a magic wand.to bring it to life. Still, sometimes, very occasionally, these things happen even if you don’t believe in magic wands which I expect few BIT investors do now. You never know!
Roll on the end of 2022.
Pesa
Ann: Annual Report and Notice of Annual General Meeting, page-19
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