RE: This is what happens with no news29 Mar 2021 13:43
Rm's policy is not to issue news if there's nothing to report.
If there's nothing to report, there's no progress on manufacturing, which raises the question what RM has been doing with £50m raised for manufacturing over the last 6 months. Hopefully, not spending it on dates with Katie. I haven't seen his car parked outside her house for weeks now, but I only have surveillance of the front door.
Without manufacturing ramp up, there's little immediate use of P3, as we won't be able to sell without entering into jvs/partnerships that will greatly dilute our profits. Without manufacturing we are in p.ss poor bargaining position.
P3 international arm appears not to have started fully, despite nearly 6 months since the cash was raised for it. No idea how recruitment is going, but considering the horrible HT fiasco last year, no reason to assume it's going well.
So that's potentially £90m and 30% dilution down the drain. Which is starting to get reflected in the SP.
The company has HT results but not reporting on it. Why?
P3 has been running for a couple months now, with a data monitoring committee. If we are 89% effective, why no EUA?
Last hope for yanks to step in or somebody competent to just buy the product that the scientists have developed and take it to market. But what potential return that will bring against the risk of everything going tits up if Activ fails?
Make your own investment decisions here.