RE: Load more or wait30 Mar 2020 10:58
I think the SP fall is indicative of a number of factors. For me the main theme remains a lack of meaningful news flow. Yes I appreciate that the company may be busy, but it is worthy of note Cathal is an executive chairman not a CEO, so in practice, he would have more time for PR and such like. Given the rapid announcements of other companies in this area and, as pointed out by Adino, the company is currently loss making there is, you would think a need for better comms to reassure the market that the startegy remains on track and that they haven't sacrificed the aim to reduce headcount to acheive profitability in Q1. I think the main risk is that they abandon the strategy to meet the crisis demands. This is entirely laudable of course but investors like certainty and at present apart from Hvivo bed space we have no idea what the wider company is doing at present... no doubt we will have news soon but not soon enough for some judging by the action this morning in a panicky market. GLA