I wanted to check my own understanding of what a Non-deal investor roadshow was against info I could find online. So I looked over a few AI and resource sites, investment commentators, companies who do the organising of roadshows, etc. All gave an answer along the lines;
A Biotech non-deal roadshow allows company executives to engage with the investment community to discuss the company's performance, strategy and outlook. It's a valuable way to maintain investor interest and support, build long-term relationships and heighten market awareness without the pressure of an imminent fundraising.
Sounds like our management is getting out there with the message, 'See our results. Watch this space!'
NYR Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)