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Pokerchips, there appears to be some guesswork / misinformation in your post. From the announcement on 7th July. They have announced the trial has begun so they are on track. The timeframes may be a bit tight depending on recruitment but not as extended as you have indicated. They have multiple trial sites in Israel and Brazil for recruitment. Regardless, it looks like results in Autumn this year.
From the announcement dated 7th July :-
" Expected duration: The trial is expected to commence in the coming week and conclude around September 202 1 with
results then available in October 2021. "
NickE
The trial is 28 days per patient ...it isnt actually 28 days in total for the whole trial....it depends when each patient starts their evaluation period ... you have to be VERY careful what these guys tell you.... they can have a habit of saying one thing in one RNS and then another in another RNS ....
They said they have "applied" for eight additional clinical sites in Brazil. They haven't as yet added anything more to that
The trail then needs 3 more months of further evaluation afterwards.. at the request of the FDA
Personally, I would be cautious about expecting full results too early......
I can see this having a decent run as the herd move in for the phase 3 trial results in the Autumn. Should be an update or two prior to starting as they get the trial recruitment numbers. Now they have the centres in Brazil they should be able to reach the numbers reasonably quickly.
It's an important trial from a global health perspective and, accordingly, it should get plenty of media attention as well.
Very short trial (about one month I believe) and relatively low risk given all the favourable results so far, although no phase 3 is without risk of course. Hard to say where it could move to if successful in the trial, but back to the highs from the UK listing levels would be nice.
Sometimes mms move the sp with very little volume,keeping lots of sideliners out(waiting for some news or higher volume)
As charts are showing positive signs with golden cross,I expect sp to move north even with little volume.
Lets see which how high it goes.
maqmood7,
you might be right...good luck to you... see what happens
with around 0.1% of the shares traded a day ..it is pretty miserable...and something needs to happen....almost just the algorithms running at the moment...
It seems we are ready for a turnaround in SP here.
Downtrend for few days,then flat sp for few days and it seems now it is ready to climb from here.
Charts are encouraging,2.6-2.65 will be here within a blink.dyor and hold tight.
3.25 will be second consolidation.