the problem is ...20 Mar 2020 09:46
as i see it the main problem we are going to face is investor fatique. There is no doubt that alongside the institutional seller there are Pi's with large holdings (myself included) who would rationally expect clincial service deals to come thick and fast. The reality however,is that there has been only one such announcement in the past two months and only lots of PR marketing to the markets. When you consider the market spike today and some right dross also rising with the tide it is frustrating.
They need to resolve the institutional seller aspect as promised two weeks ago and yet we find the seller (managing down) on the open market. Whichever way you look at this Cathal et al, need to start to deliver contracts because if they cant do that in a panic driven sector they cant do it at all. Massive investment going into this problem all over the world and yet ... no real news from our company other than marketing something that has been on the shelf for a long time..
I am not de-ramping as i intend to hold on a while longer but it would be wrong for me not to admit my conifdence is waning with every passing week here. GLA