RE: Johnson & Johnson AGM 27th April25 Apr 2023 21:50
SNG has survived for 20 years. It has good data and a need for it's product.
Whatever it did to survive in the past, it will do again (RM in a tiny room in SU with a dial-up connection but without a secretary).
But it will be a very long term hold then.
Personally, I am not expecting any news on Thursday and the speculative buys going in now will turn to sells causing a decline in the sp.
Then, the AGM where serious questions will need to be answered about what the new hires are doing, and whether the director of medical affairs was hired and for what purpose. Finally, questions about their salary because without any definite news, this is just an AIM company with zero commercialised products and suddenly it starts to look like an AIM lifestyle company with middle aged directors who are unlikely to get such well paying jobs again milking as much as they can from what remains of the capital our capital.
Then, we wait ...
... for news of UNIVERSAL and STRIVE.