"They should (nd apologies if I am wrong) start with main page saying "
a) the result will most likely conduct us to federal approval
b) if that achieved the result will be act with a X million market
c) the fact we didn't achieved full target means we are not participating of X million market
d) we target have this procedure ready to the market around month/year
e) the forecast profit will be approximately …. million a year."
That's pretty much the format SRX posted their last 2 trial results. Very fair and clear to every investor. Why does the ASX allow indeterminate dribble to be announced by biotech companies? They need more biotech expertise.
Ann: LVAD Results Webcast Presentation, page-6
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