So much doom and gloom, not sure why people buy into a...

So much doom and gloom, not sure why people buy into a speculative bio tech and then get impatient when the SP doesnt go up. I have said it before, the SP is going nowhere until the business is cash flow positive and starts making some actual profit. Until then its intrinsic value is nothing and the price is totally disconnected from value.

If you are really a believer then this is one to put in the bottom draw, chuck spare cash at it in the dips and wait a long time.

No serious investor would have put more than a tiny position size into a loss making, speculative punt like this, catostrophic risk is always present until the business is self sustaining.

I remain a believer that the upside is a potential multi bagger, but my position sizes are such that I would suffer no significant loss of capital if the catostrophic risk comes home to roost.