I can honestly see why some would think the SP would suffer short term getting bad news in relation to POC1. Honestly it is a little disappointing the lack of information in the quarterly in this regard. The SP would take a hit in the short term IMO based on the fact that it is another major the Company has failed to get over the line and we are a majority retail register who would respond accordingly. The reality is that alongside BBI, POC1 has been the major collaboration all holders would have expected to bear fruit especially at this stage granted timelines given by the company. Timelines have not had a history of being executed well by the Company and should POC1 not come to fruition it would not look good. My personal reasoning is that aside from ADO diversifying its approach to commercialisation (that I believe is being done extremely well and will succeed eventually), how could a Shareholder be expected to hold confidence in Management to deliver deals in more recent collaborations with Third Parties? Its all about faith in Management at this point most everyone knows the value of the technology.
I am far from implying that POC1 is dead in the water and even further from saying that we aren't on our way to great success and the gains that will follow, just would have expected the same level of detail regarding POC1 as other activities (hopefully the team were quiet on this front because it is that close to being a formal announcement!). Still positive at my end, I've recently added more to my portfolio and have a good deal aside to participate should a CR be part of the DIAsource acquisition. I do just hope Management are not far from landing POC1 as to not do so will be a heavy chink in the armour to bear whilst we are in this transition stage IMO.
Looking longer term everything else is looking positive with a continued push forward with new products, distributors and team members and management deserve recognition on these fronts. Ultimately really looking forward to the general vibe of the AGM and seeing where we are this time next year......
Good Luck Everyone
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I can honestly see why some would think the SP would suffer...
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