At this point it is about how many are capitulating. That means,...

At this point it is about how many are capitulating. That means, prepared to follow the other sheep into the ravine. Give it away, at any price. Low volumes, and no need to chase for buyers. Just a foxes dinner menu.

It is no longer about any forward potential for the capitulator. That has escaped their mind, replaced with the fog of despair, induced by the other sheep...that other guy for a pip less, was always to blame for decision X.? What is the market ? but not the trend and an illusion of either support or despair ? Its rising it must be good ? its falling it must be bad ?

Think about what has changed since we were at 200m mc ?
We have identified a more cost effective route to potential commercial, with MRI. And de-risked the key objectives of phase 1 trial - safety and bio kinetics.
What is not to like, when pitching this at US investors ?

Markets are a cycle of opportunity and liability. And may require new blood to invigorate momentum, and then the emotion can swing. While some old blood, who maybe crazy as foxes, make an opportunistic meal of it where they can.

Not investment advice.