Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It's above this chat if you scroll up. it's traded in GBP.
Share Price: 21.00
Bid: 20.00
Ask: 22.00
He did, it's here;
https://m.youtube.com/watch?v=yRQN4Ur88pw
Just to reiterate, well worth a listen for any jittery investors.
https://lemminginvestor.substack.com/p/skinbiotherapeutics-plc-845?utm_source=podcast-email%2Csubstack&utm_medium=email&s=r#details
Odysseus07, I think you are being too gloomy with end of 2023 imho. Yes the world is a very different place after lockdown madness and Ukraine madness, but treatments for medical issues like psoriasis, eczema, acne, rosacea, etc. are not what we might call luxury items. If people are suffering they will subscribe.
Share price movement
The Board of SkinBioTherapeutics plc ( AIM: SBTX or the "Company") notes the recent share price movement and confirms that it is not aware of any material commercial or operational reason that might be the cause.
The Company's position on sales of its first commercial product AxisBiotix-Ps(R) was outlined in the Interim Results dated 29 March 2022 where management acknowledged slower uptake than originally anticipated, and that it was not possible to predict the quantum impact on sales.
The team continues to focus on driving sales of AxisBiotix-Ps(R). The marketing and advertising campaign is now very active, using influencers who have psoriasis themselves for the digital campaign and advertising in regional and national newspapers such as the Mail, Telegraph and Metro. The product continues to receive very positive customer feedback and the subscriber retention rate is now >80%.
Other pillars of the business, including work with Croda/Sederma are progressing accordingly to plan.
As always, the Company will continue to inform the market should there be additional news flow.
Oh yes, there are always strings attached and snouts in the trough. If there was a panacea to all skin problems, the so called 'charities' would be out of work.
I mentioned this a while back regarding the difficulty in penetrating the market and trying to push out the likes of Proctor and Gamble selling their topical creams. It's going to be tougher than we think.
Who pays the piper calls the tune.
Go for it Elrico.
Any long-termers/Old timers here will have seen market crashes many times, and always seen a bounce back. Remember the covid crash? The worlds richest increased their wealth by 20%.
There's a lesson to be learned.
Aquae, always good to quote Buffet. And he's always, without question been spot on. But did he even know he'd live to 91+?
It's all about one's personal timescales. Markets in his heyday were never AS volatile as they are now. Trading and execution are a totally different kettle of fish to his era and are run by algorithms. He comes from a different era. But as I say, always to be respected, no question.
I'm sure that question has been asked before, but I can't remember if there was an answer. Maybe thought he could influence, because at the time there was a massive push on obesity issues, which was booted in to the long grass when the lockdowns kicked off? I stand to be corrected.
If he's still on the books, what is he doing?