Ann: Security Class Reinstatement to Quotation- OPTOB, page-635

  1. 18,373 Posts.
    lightbulb Created with Sketch. 5231
    I may take my original investment off the table just prior to results depending on the price, but given all we know already and the likely upside if things go I’m really trying to not reduce my holding by anything significant. Not very often you can get a company like this valued so low but with such a high degree of certainty around the results. I’m hoping this’ll be over $2 prior to the readout, and so my original investment will be very small in comparison.

    In between the two readouts I do expect substantial gains to be made. Highly unlikely to be any sort of sell the news event, one because it is a pivotal company-deciding P3 readout (not at all similar to an easy to expect catalyst such as forecasted earnings being achieved), and two, investors will pile in with the assumption that the next readout will be equally strong (the second set of results could very well be a sell the news event). This will also more likely than not still be significantly undervalued relative to peers in the wet AMD space

    I guess we will see how it all plays out, I’ll wait till March to decide what I do though as I expect Feb to be another good month for the share price. I also expect they’ll give us a date in advance for the expected readout in order to further encourage anticipatory buying, I can’t imagine they’ll just drop it randomly sometime in Q2
 
Add to My Watchlist
What is My Watchlist?
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.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.