RE: Front page of Express - Prostate Cancer3 Jun 2024 17:28
TT, Sorry you feel I've lost my sense of humour. I'm actually more relaxed now than for a long while, sunshine and summer, plus new timescale means I'm not on LSE boards as frequently and all the better for it! But I do feel that the going private talk has no real basis at all.
Where did i say i think they should only communicate 'real updates'. Apologies if I've forgotten, my memory is not what it once was! But as it happens, you are not too far off the mark. We should be RNS'ing important info that would impact market value, but not be giving a running commentary daily operations.
I would have preferred them to RNS the $100k for belt and braces comms. Because that to me is an important update. But they haven't. I'm sure someone can ask them why at the AGM. But my working assumption is they haven't received it, and ciz is open to discuss alternative funding with others, but that is me erring on the side of caution. But that may not be the case of course, which is why I think it should be RNSd either way. I do wish ciz would be more open. Oilers give bad and good news regularly, and the SP responds accordingly.
But ultimately I believe in the tech, and I have done nothing to help or advance that tech. I am a mere limpet, hoping to piggyback on the success of others.
My choice to remain invested in a company that doesn't communicate as often as i might like.
I do find it strange that you remain invested in a company you have no trust for. Time will tell, but if I thought the board was out to shaft me, I'd be out of this share like a shot. Hence why I fnd it inexplicable that widglide is still here. He could have taken his £x that remains and put it in any number of shares that have done multiples over that time. Our TR1 holders are still here, patiently waiting.
I think that ciz's contentment to let the SP lurk low is that they know the value only comes when they have a product in the market. And if its as good as previous reported results in lab format, we are talking a MAJOR re-rate overnight. Not just based on income from US roll out, but on proving that it can be commercialised, and thus rolled out worldwide.
Meantime, I'll enjoy the summer and wait for things to progress.