Overnight Market report, page-896

ADRs well into red territory now. The share price here simply hasn’t been defended previously and fortified against these (predictable and inevitable) US-led falls, imo. We all saw the dark clouds forming on the (shambolic) US economic horizon, and now we have very little buffer left. I have almost become resigned to the fact that board & management don’t see defence of the market cap as a strategic priority, nor the need for any non-scientific wider market comms & IR, which is still a bit shocking to me really. There has been no sustained value whatsoever attached by the market to any of the scientific progress and major announcements of the past 18 months, and we are cheaper now after great data than we were when it was all an unknown!