Certainly not reducing. If I had spare cash and CHM wasn't already at my maximum allocation I would be looking to accumulate more based on these initial results. In that case, I probably would not buy tomorrow if it spiked up (wait for it to come down a bit), but definitely if it remained flat or went down on the news. Bio investing is a marathon not a sprint - looking to hold this for 3-5 years.
Looking forward to the announcement and further details directly from the company - hoping that there is a presentation for shareholders about these results soon. I found the abstracts very positive.
CHM Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held
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