Hi Salty,
I agree with most you say above but i am more seasoned this time around...
With the positives also comes the negatives..
Last time we had a successful GMP run it failed some time later but not until Macquarrie sold out their position...VERY negative.
Because of the Sporodic issue last time will there be the same enthusiasm this time if we do get a success?
The delay started with a very late entry to the GMP factory not staring until the very end of Q1, now we are already on our second delay for results which imho will almost deffo blow out the Ph-1 trial until Q1 next year(probably mid to end of)
A hefty CR is due, if we go to the clinic next year(as above)whom-ever comes in now will surely be dilluted pretty hefty..
History and cash at hand are the hinders of a decent rally near term even with a success of the GMP...
How far it will go up on a GMP tick is hard to grasp because the delay to the clinic would mean the traders would bring it all the way back down again..
The Dr has to have partners/big money waiting in the wings pretty much the same time as a hopefull positive GMP or its a low ball SP untill early next year...
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Hi Salty, I agree with most you say above but i am more seasoned...
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