Of course RIs had expectations, …. that 100% came from commentary made by WP, the first was the timeframe for commercialisation of the IP, pushed out from 2025 to 2028, and with all the ramifications of finding funding to cover that extra 3 years.
Further with the commentary on the internal valuations, IP that is basically de-risked, NASDAQ allusions, ect, ect made two years ago, add the 10s of millions of funding spent in that time and a sp that reflects little of the that spiel.
More importantly, in reference to the timelines, how much is it really going to cost now that timelines are further away than originally alluded to?, Edwardes LS spend a billion a year on R&D!
So maybe keep it real on the lack of understanding the timelines by RIs and acknowledge that the Company made a rod for its back by over promising and way under delivering.
Ihmo.
AVR Price at posting:
$15.30 Sentiment: Sell Disclosure: Held
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