RE: Re RENE News12 Jun 2019 21:53
Welcome Clive,
It's good to have you on board.
I was surprised that the SP only rose to £3.30 before falling back.
With the two great pieces of news, the Fosun deal and the 1st Cohort results in RP, I honestly expected the price to reach £3.80 / £4.00. Just shows its so very difficult to call.
The price was always going to reduce while we await the next chunk of news. However, this clamour to bring down Neil Woodford is vastly overdone when you consider the effect its having on the Reneuron SP.
If you believe that the 1st Cohort results in RP will be repeated in all following Cohorts then this reduction offerd a fantastic opportunity to buy shares at a price they should never, ever, have returned to.
Saying all that, I think we all will be happy when that next positive update is announced.
ATB,
Chester.