Thinking same all afternoon. Market has completely focused on CR repricing stock.
Could be base case here. Equally nothing to disprove a results and sale combo.
I suppose we'll know if we dont see action to raise in coming weeks given cash position.
I honed in on the reiterated comment re 'just tidying up data' line. Also Footmax' s comment earlier suggesting they probably have unreleased results for COVID.
Acknowledge, I probably see what I'm interested to see (because Im not bothered to be here otherwise), but I firmly believe they've got a least a good understanding of what outcome they're expecting. Negotiations are good cover, filing for 6 months isn't bad either...
Google says about $20m avg to go ph3 alone Foomax. Call it 30m maybe ? To your poiint it also says it can blow out.
Ongoing development work forecast in CF is interesting. Could be meaningless, could be telling.
Still left with trust or not.
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