Yes fair enough. I don't have an issue with anything I am just looking for clarification on the closed period, as the messages were getting mixed. Let's hope for some positive news sooner rather than later.
RE: Closed period
Ironfish... I never used the word "promised", that's a very strong word. It is however no secret that they are in talks with a US licensing partner amongst others, it has been RNS'd so it is public knowledge and you can email them directly. Of course you won't receive price sensitive info in relation to said talks as that goes without saying but if they anticipate leaving a closed period at the end of March with the release of the annual report... If they released this but a deal was not concluded by this time... Then surely they would remain in a closed period beyond this would they not? Timelines can always change of course but I am hopeful of a release at the end of the month that is more exciting than just a set of financials but time will tell. All the best.
RE: Agree re closed period ..
They are in negotiations to complete a contract with three separate pharma sales companies. This from experience takes time, they cover different areas and have to some extent have possibly different terms and conditions as standard (being different companies). Delays do not automatically mean failure and in any case completion times are "estimated" and not guaranteed unless there is a cut off date, and that would not be in any companies interest. I am happy to wait.
Agree re closed period ..
Doesn't mean the cause is that we are in talks However, they may well be and news could be just around the corner After all, it has been a while and there is no reason why this product shouldn't be a Success from what I understand
Of course it is. They stated that the first licensing deals would be announced towards the end of 2014 knowing full well that these things take time and have yet made no other statements regarding this. Like for example a statement to say unf these ROW partnerships are taking longer than expected. As I mentioned before I have feeling these are not going as smoothly as expected.
Am i incorrect that a closed period is mandatory in the lead up to results and this does not allow share dealing by insiders? There is a big jump to assume it is somehow connected to the partnership or licensing deals. Tilly said that Jamie has promised an update on end of March on deals. That in itself is too much info if the closed period ( in us quite period) if it meant the deal was going to be announced on that date. I am hoping for a good update as I am still I here heavily but I think the closed period is a curve ball.
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