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just seen closing s/p which is lower than when posted earlier.agree its overdone.we didn't experience(so far as i can remember)any uplift on the yooya news which i assumed was because people were waiting to see if it went through and also because of the potential dilution.so whilst its not good news that we are not at this point getting any news investors we are not really any worse off than before the proposal and at least mellon has been prepared to put a bit more money not regent.
morning bignose.thanks for the posts today.its a nice change to read something positive after rather dispiriting news last week.very well done for finding this out.agree that as events start to pull together over next few months we should start to see improvement in s/p.todays fall is as usual on very low volume and against very negative global market background so plenty of scope for improvement on any good news
Thank you to both of you.
Hot of the press this morning.
I have had confirmation that following an internal meeting held with the technical staff on Friday, it would appear the Gov website is indeed wrong and steps will be taken to rectify the end of study date shown.
Every snippet of positivity helps, not that the HK market would know that. The drop in SP this morning is, I feel, unwarranted since its quite obvious to me that details of the results were leaked several days ago hence the unnecessary 13%+ drop which occurred at the time.
Onwards, sidewards and hopefully upwards.....LOL
Forgetting the monkeys abilities to manage the company and ignoring that both Recordati and RPG had access to the 2006 German report which concluded on exactly the same scenario as what has taken place regarding sufferers coming forward (much preparation could have been made if both companies had done their homework on this rather than just be greedy). On a much more positive note, I understand that the Phase III will only involve 75 lab rats, 25 less than the number required for Phase II. As such, I would consider the phase III to be an accelerated phase which would indicate an approval sooner rather than later, which I am sure will bring the remaining licensees out of the woodwork and commit by putting pen to paper.
Hopefully China, if Trumps antics don't cause a back pedaling of the recent reforms regarding accepting foreign approvals, will accept the EMA approval such that we don't have to wait another 4 to 5 years before the product can go on sale. Of course we wont know this until the response to the late 2019 submission, so fingers crossed on that one.
So what is to be expected in the next 6 months....... HK/Macau + 2 new EU regional launches combined with more public awareness + Phase II completion (with possible commitment by the remaining licensees). Indeed much to look forward to.