FDA approval would underpin the SP. We really wouldn’t have to worry about a big dip (that’s what I believe will happen if not successful). However medium to long term the SP would bounce back and multiply exponentially.
SP following approval? Who cares! Nobody in their right mind would sell unless it were say an investment fund or something.
Might I suggest not mining! It isn’t clear why they are down but maybe the wise old investor have moved their money out? Or they are just out of favour?
SNG has legs still but even I was worried before today’s rise.
I am tempted to sell a miner and sink the money into IQAI.
If you want a relatively safe space that isn’t particularly spectacular then that would be DNL, especially if it drops below 60p. It has already shown three times in the last year that it has the legs for 80 to 90p range on excellent news.
I see this trading between 1.25 and 1.45 and occasionally nudging 1.60. I think £1 is highly unlikely now as FOMO and other investor afflictions become the norm in the lead up to P3 results. RM mentioned September but this is not likely to be the date we find out IMO.