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I hope you are right res, and if you are , then you would expect the SP to rise by the end of today or the week?
So what is the point you are trying to make?
Sang, I was having a conversation with res and Phantom responding to their posts. Is that ok with you?
wynd, read the RNS - "ANGLE is confident of being able to provide a full response to all the information requests raised.
Some of the technical information requested necessitates some targeted additional analytical studies. However, these additional analytical studies do not require patient samples and ANGLE anticipates that the necessary studies, which are already at an advanced planning stage, can be completed and the response submitted by early May."
normally there is a "there can be no certainty that..." type clause from AN - not here. This is a celebratory RNS.
De-risked on the basis that in the event they were unable to answer the written question within 180 days they would have to withdraw the application, that is a massive milestone that didn’t come to the fore.
Also no requirements for bloods, and path to submission of data becoming of May. This also suggests that they are happy with data (bloods), another massive tick.
Wh is your point Wyndrum? There doesn't seem to be one.
drum, this may test it favourite historic levels of 50p at worst case. knowing AGL shre price movement, 50's is a bastard.
res, how do you see it as a De-risk? (i'm not saying this is "terrible" news, but questions have been asked and if they don't like the answers, the application fails or gets delayed further. How is that de-risked the investment from where it was yesterday?
Phantom, don't get personal and make silly assumptions on my particular holding. I don't work stops and I am not out, so I don't need to get back in.
AGL are looking at the second half of this year and they are already priming investors it will be a slow response from the FDA to the reply and the second half runs from July to December. I reckon its reasonable to suggest the earliest we will here anything back assuming there are no further questions? from Sept onwards. Hence my 6-9 months expectation of nothing happening.
Short of any other news the SP I imagine will drift for at least 3 months or so.
a sea of blue buys ,sticky vice like grip
another 5962 shares por moi
Out of their control due to Covid. Seems like a great time for LT investors to fill their boots.
Symptomatic of the day traders to sell on this news though. They all want a quick profit.
US investors will read this, think about Nasdaq timing, and will buy - especially if the MMs keep the price down.
SBTX dropping thanks to me diverting all my profits there into new Angle shares!
Wyndrum where are you getting 6-9 months from please keep statements factual.
Did your stop kick out at 67 and you can't get back in again
1670 bought for moi
and besides, we all expected at least a few questions, didn't we? GLA! keep buying!
wynd, I see today's news as completely de-risking my investment, so I'm happy to buy beyond my means today! OK if you want a quick profit go somewhere else, but AN was indicating June previously, now he's saying July onward - hardly an issue for us lot, surely?
the MMs have no idea what to do with it! up, down, shake it all around.
They don't see we WILL GET APPROVAL in Q2!
Hi res, don't quite follow the logic, yes short term "traders" will exit pushing the SP down (who wants that?) and then will pile back in in a few months and the SP will rise again, so...whats the diff? Not sure its "good" for the SP to see it fall.
Ok if people want to top up I spose, but this has raised a level of uncertainty and now at least what? 6-9months before any movement from the FDA.
AGL have gone to great pains to say its expected and nothing to worry about but timelines have really gone back quite a bit.
Nothing is ever nailed on.
and more at 72
this will also kick out the short term traders -much better for the SP in a few months time....
took more at 75 - great fun
Tried buy quote 20 times NT then tried a sell to see what price and was quoted straight away. Tried a buy again and got more at 76
blue by the end of the day?
they are taking a few for mugs! this is great news, any issues now in the open, easily answered....
nothing left on HL. got a quote for 67p right at the bell. tried to buy since but only NT just now. its safe to say theres a heap of buyers!