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clock Created with Sketch. 16/12/19
17:31
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Originally posted by Equitable:
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I would not say that the demand that has driven the share price from around $1 a year ago to almost $4 last month is lack of interest. We have a $600m market cap without a fully approved product and without a significant revenue stream. The interest is there, its just that not everyone can invest yet.
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I mentioned PAR to a respected boutique fund manager about 6 months ago. The first question was "at what stage are they at with trials and approvals?". A successful Phase 3 was a mandatory criterion before they would consider (but I hoped he took a look in any case - the SP of the one he recommended I take a look at in response has gone backwards!). So yes - this was confirmation for me that Phase 3 success in OA will put us in a new league as far as fund management industry.
(20min delay)