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Bang on Axe, the lack of updates from this company is truly staggering.
agreed.. too academic/research and apparently incapable of showing commercial awareness. Very sad.
I agree xae all they give us is results no forward planning, no information on are next steps absolute northing going forward.
They don't answer emails they need to tell the share holders what they have planed with are money this is a very poor company with communicating with the shareholders.
LOL. Some people on here… beggars belief.
We are listed on AIM. For those that don’t realise, the ‘I’ is for INVESTMENT. We’re not giving money to charity here. We’re investing in a company to make money. And invest we did when SNG asked for £80m from us all. As shareholders, we have a right to know what is going on. Communication has been appalling.
I’m willing to wait to see what the company has to say next week but if nothing by the AGM, it would be right for questions to be asked.
I do think we’ll get something next week, though. They announced simultaneously that deep dive would be shown and a company update a week later. Got to be more than a coincidence.
Fully agree Axe.
Let's give them some time for the company update meeting and the AGM by which time they should have let us all know of the direction they wish to steer us back to the forefront and how they're going to do it. If we don't get this by the AGM I believe we all need to start talking about what we're going to do about the situation because I haven't come across a single person who has invested in this company who is happy with they way they've handled and communicated things over the past few weeks.
It's been a pathetic engagement with their shareholders, especially after the fundraise. I understand that they're likely quiet because talks are still ongoing and who knows what they're about (platform trials, EUA, JVs, TOs, who knows), and I'm sure we're all more than willing to give them the time and space to sort all of that out. But there's a difference between giving them the time and space and being left completely in the dark - and that's what I won't be standing for either.
IMHO....
IF I was not invested here and did not know in detail about SNG001 and the SPRINTER
trial, I would not have been able to understand the significance of the GREAT news
that we released last Monday...... Where was the bullish statement at the start of
the RNS from our CEO to say how pleased they were with the Deep Dive and just a few
lines to tell the reason why? There was NO comment at all from RM.... !!!
I have invested in a lot of pharma stocks over many years and when they have good
news to announce you know it from the first few lines of the RNS....
RM and Co. are letting invetsors down in this respect and need to realise
that how you communicate in a RNS matters, just rolling out % is
not enough as many potential investors are not Scientists so
the significance needs to come with a brief explanation...
Most who post here understood the relevance and what it could
mean commercially, but many who were attracted by the
sudden rise and read the RNS probably did not. We have
benefitted a few pence from significant results...
I have communicated my thoughts to Brooke!
@Manifesto - finally on my page. I have also emailed the company, RM, Brooke etc this morning.
Thank you for doing that Mani, keep it up.
I think most of us knew instantly how huge the news was on Monday and how quick it propelled us back onto the same stage as every other therapeutic out there that's been EUA'd (as far as I know, it doesn't get much better than 70% on top of standard of care). We've found the holy grail of the statistically significant 70% improvement on top of standard of care result. It's a miraculous result and better than anything I ever expected. I'm still absolutely shocked at how good the result is.
The SP slip is something I completely understand. Traders taking profits aside, I don't think anyone cares anymore even if our result was a 100% improvement - unless the board tell us what they plan on doing with that statistic. And a slight hint - a platform trial due to end in 2024 or early 2025 won't be the answer that people are looking for.
Manifesto
Agreed, although maybe RM is quite comfortable taking his hefty wage and just gearing up for the next round of research, rather than facing the pressures that commercialisation might bring?
The RNSs have been downplayed and poorly constructed imo. Is there ever a bullish remark made by him? Always ‘maybe’ or ‘if this happens’ or ‘if we can’.
If you get a response from Brooke, you’ve done better than me.
I’m in a pretty negative mindset of this company currently; the only problem is I’m stuck for the LT.
ATB.
"Another trial due to start in Q4 2022, finish recruiting in Q3 2023, with results due H2 2024".
I missed that one. Such a trial and timeframe - was that quoted by the company?