Hi S1S,
Good call from you as usual!
I had a bit of a chat with vulture wether to go back in or not, have also waited for sub 10cents to occur.
After reading this update with great interest, Im disappointed to see that no partner was mentioned, the news I was waiting for.
This update to me appears to be an attempt to calm the nerves of shareholders in challenging macro market times, but it is also simply reporting the necessary minute steps involved in clinical trials of biotechs.
My take is that the market will not be satisfied with this announcement and price most likely will be under extended pressure if global sentiment for specs stays fickle.
I was very tempted to jump in at 9.5 cents, had waited for sub 10 cents for several weeks now.
The announcement though made me cautious and I will wait for support confirmation before committing a larger parcel again.
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