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thank you Jim for the statistical breakdown. Totally agree, we were very close, but the only thing that matters in the eyes of the regulators and payors is did it reach stat sig, which it didn't. We need a larger trial, and if we did one, I am sure we will meet our endpoints. Alas, it is not to be.
I think it is key to highlight that there is ZERO chance on attaining EUA or any sort of regulatory approval based on these results.
The long term future might be bright, but not anytime soon.
activ-2 phase 2 we already know was relatively successful, hence it has moved to phase 3 which hasn't started yet.
Numis- please tell me when they have ever got it right. Don't ever count on broker notes, especially from the likes of Numis and Fincapp.
ACTIV-2 hasn't even started yet, no data until early next year at the earliest.
Even if there is positive data when you account for steroid use, its meaningless. The study wasn't stratified to look at steroid use, no alpha was spent on it, can't be statistically sig so it is futile. This needs a new trial, simple as that.
Stop holding on to hope that isn't there, I have taken a huge L on this, its about time others take off the rose tinted glasses and face reality.
Thanks all- very much appreciated. Upwards and onwards!
there are many cretins here talking about activ-2 when the trial hasn't even started to recruit. Yes it may be positive, but you won't know for probably another 12 months at the MINIMUM. By then, do you really think covid will be an issue? Yes this is broad spec, but sentiment won't be there. So in short, the answer is no, this isn't going back to 3 figures, maybe ever again, regardless of COPD or anything else people say. Its a very, very sad day for us all
thanks soup, lets hope we all finally prosper with nfx. Onwards and upwards
Thanks Thompi- really appreciated
well hello fellow nfxites. I am happy to let you know that I, once again, was a holder of SNG and made a lovely loss this morning which goes nicely with my lovely buy of nfx at 9p. One thing is for sure, never follow my advice.
Happy to also inform you that whatever remained from sng is now going into nfx to bring my average a bit lower :')
I jumped out of this at 25p. I am astonished by the results in total honesty. Two years of research and waiting, all redundant. Please please please do not listen to the cretins claiming this is an amazing buy opportunity due to COPD, or that there was a secret meeting on Friday, or that we will get EUA based on sht results.
Finally, thank you to all the posters here who have posted such great insights. Its a shame how it ended.
Got the popcorn out for this now. Major de javu from 2020. "The company has sht comms" blah blah blah. The SP is drifting because of the Russia situ and because PI's are extremely impatient and get spooked very easily. Its a combination, not one or the other. The longer the wait, the more this might slip, which is totally fine for us LTH's but will cause the bedwetters to, well, we the bed. All will be immaterial soon.
there are definitely some genuine newbies who ask for advice, and then there are people trying to plant seeds of doubt. Its not always black and white as to who sits in which camp unfortunately. But I agree, we need to be a lot more inclusive and open
LOL not surprised he replied, haven't read what he has said but assume its the usual drivel about me. He probably fails to remember that I have been active on this board since March 2020, he can feel free to have a look through my post history. For transparency, I bought in the low 50s, then sold around 140, waited and rebought at around 140 and just sold at 80p and 55p. Yes a lot of my initial gains have been eaten into but thats the way it goes. Shame I didn't sell at 280p. I honestly wish the best for all holders here, it hasn't been easy. GL
After just over 2 years, I finally bow out of avct purely because I see sentiment is down and this will go lower before it eventually rises and have been stung hard in the past when I haven't done this. All the best to all holders.
baffles me as to why people get so worried over these dips when the reason is so obvious. Every monday, without an RNS, we dip, and we recover. Today it has been further impacted by macroeconomics. Relax lol