Hi @Owl vs Fox
In the video clip, Bill said that there were some new "large" SH. He didn't say the new SH were institutional investors.
AEF and Fidelity sold out AFTER XanADu results but before XanaHES 20mg efficacy result.
Despite the XanaHES 20mg efficacy result, no new SH with more than 5% has emerged. I'm a bit surprised at that.
All this is to say that we can't take comfort in professional investors' decisions other than BVF.
AEF and Fidelity exited too soon, so one might question their abilities anyway.
II
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