Yes, sorry have to strongly disagree here. Whilst your excellent analysis is usually very informative you are doing yourself an injustice here. That's a b/s explanation from PAR that doesn't cut the mustard and no-one should condone it, long or otherwise. The CEO cocked up and that explanation only confounds the issue, rather than clarifying it.
We are all mostly long-term players (more than familiar with the arduous regulatory pathways of bio-tech) and want the stock and company to do well, but there was a very specific release on 6th April "Paradigm receives clarity on US regulatory pathway". That document very clearly and formally spelt out the timeframes - commendably so:
https://asx.api.markitdigital.com/asx-research/1.0/file/2924-02222594-3A538946?access_token=83ff96335c2d45a094df02a206a39ff4
The CEO cannot then just casually slip out a 2024 date in stark contrast during a passiing interview as if its all just a matter of fact. They specifically and formally guided on timelines, endpoints, sample sizes, etc. If that guidance is no longer reliable they have a duty of disclosure to update formally and professionally. They jeopardize the reliabity of their own future guidance with that feeble response...
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