I think the 50 day SMA is 0.67. Without news we may drift there. I doubt that anyone will be able to buy at that price but the current bearish move maybe a top-up opportunity. News of NHS approval could be anytime and will quickly correct this trend (I hope!).
If youre so certain, then surely you would expect the market to be so too. So why isnt the cream currently priced in. By that I mean NHS approval. Im not so certain about an imminent deal as that could be a long time off, who knows! Sar raised cash for a reason and I'm guessing thats to keep them going in the interim! I'm hoping for good things long term and thats why I will buy back in sub 0.8p. Perhaps that wont happen and I cannot reenter, but we are in a very impatient market place. Best of luck in any event. Freddie
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