My take:
1. The narrative around the commercial potential was quite a bit better than I expected
2. I was surprised Silviu only took 2 or 3 questions although the ASA representative was really good
3. They sound least confident in the financial area. Exactly what is slide 12 trying to say? Why compare a single quarter to previous years when the overwhelming figure is a single milestone payment? Why don't they give a clearer consistent picture, I hate slides that seem to cherry pick any information and it concerns me.
So my view of the potential gains has increased but my fears that retail holders won't get the best of it have also gone up.
My take:1. The narrative around the commercial potential was...
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