Good luck. I'll be placing a bid on the market once we find out where the broader market settles as I sold down a portion of my holding about a week ago. What's happening on the market has absolutely nothing to do with the activities the company is engaged in. The Beard's job is to steer the company through the current trials without needing to tap the capital markets. We will see how he is going in the quarterly. If the cash burn is under control then we hold course.
There is not a stock I am in that hasn't been hit by either project delays, increased costs, supply chain disruption, staff shortages or some combination. Liquidity is coming out of the stock market. When the dust settles I'll use that opportunity to re-balance my portfolio to where I see opportunity.
We are about one year away from the potential commercialisation of Paxsalisib and we know there are many potential uses currently being investigated.
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