Ann: Cellmid Investor Presentation, page-20

Once brokers/asset mgrs are involved you have to share the presentations. Again no gaurantee this is happening but when you put two and two together it becomes obvious something more strategic is afoot

Notice the shifting focus from evolis to the broader anti-aging thematic. Notice the consistency in marketing across product lines. Notice the ‘anticipated newsflow’ slide calling out upcoming milestones and price announcements (July 4Q results, Aug full year results). Notice how the shareprice has trended sideways despite 8 very significant releases in 12 months.

Read between the lines. The audience for this presentation isn’t retail punters.