Man, this is fun.
"Do you classify the future potential of Cvac success as negative ?"
--> Do you classify the potential failure of CVac as a positive?
Look at DNDN, even after all the fanfare of FDA approval and euphoria of a new wave of biotech, they got absolutely screwed. You're completely off your rocker if you think PRR's only possible outcome is complete success.
"Do you think the sp would still be at the current level if Cvac has been approved by FDA ?"
--> Do you think the SP would be anything close to 3c if CVac had disappointing Phase III results, let alone FDA approval? Can you rule that out?
"I think you would be better off sticking to the blue chips if you are not prepared to take risks ."
--> I love taking risks, and I'll definitely have a punt at PRR. But I'm looking for a suitable risk/reward balance before I enter. At these prices it's far too high imo. Especially after what happened to DNDN. I'd only bet on Australia winning the next ashes if I got odds of 10-1, not 2-1.
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