With respect to the D’s, let’s look at recent history and go back to Oct 30 AGM Ann for Nov 30. Lotta dissatisfaction among retailers Oct 30, closing price 4.2c, Nov 30, 11c.
News drops November included: MAST study update 7/11 Azer-cel update 10/11 Vaxinia FDA Fastrack 28/11
Orchestrated within an inch of its life to ensure a sp above the (perceived) debacle of the prior 8.4c. CR come AGM time. Remember Keating, “In a two horse race, always back Self Interest. At least you know it is trying.” Chairman and board re elected.
With the above in mind, will history repeat? Selling down heavily again pre expected news flow. Again. Another drink for the big boys.
I will be amazed if there are not a bunch of Ann between now and end July to get those D’s in the money. It will kick the next CR can a bit further down the road and buy a bit more time to get some sort of commercial deal happening.
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