Hi mate, I held from low 20c but sold recently on the rise above 60c and upon announcement of Janssen results. The announcement to me was underwhelming and showed no clear path for commercialisation/cash flows. I was expecting Janssen to want the rights to manufacture/distribute (if approved by FDA), but this did not occur for some reason... Instead it was simply another "Validation" with no clear end of Validations in sight. Are we 1 month away, 2 months away, 1 yr away, 5 yrs away, 10 yrs away? Who knows??
I got fed up and dumped. Was it premature? Maybe...
I am patiently waiting on the sidelines for Richard to outline his path to commercialisation. Right now I cannot tell when cash flows will occur, so happy to sit for now with the profits I made. Happy to pay a higher price to re-enter once the information comes to light.
Cheers.
PIQ Price at posting:
50.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)