RE: LTH’s Understand4 Nov 2023 13:05
Just to add to RMFat's excellent post. I would consider myself one of the long established accounts that have been here for years.
In that time we have seen many 'pivotal' RNS's that have delivered everything we have hoped & expected in terms of the science yet have failed to move the SP, which today sits at a price which is very close to its 3 year average.
We have been on a journey from the LFT 'clinical validation' RNS in April 2021, supported by the infamous post from 'Unprecedented' convincing us that we were the sovereign test and about to win the a chunk of the £975 million DHSC contract, right up to today and the latest C6/7 update..
Each time we have believed that the next RNS will be the one that delivers the mystical re-rate we have had to move our horizon forward onto the next major update, and here we are again pinning our expectations on the Q4 update.
My point: There will be no major surprises in the Q4 update because we know most of what it will reveal already. We know that the safety and tolerability is confirmed and I have yet to read a sensible explanation that counters the theory that if you hit cancer cells with up to 3.5 times more doxorubicin than normal, then more of them will die.
Those irrefutable facts are already confirmed via RNS and the only data we are awaiting is to what extent the benefits of Pre/Cision and AVA6k can be expanded to a wider patient population.
Will the Q4 update shift the SP?, from experience, probably not, but we must remember that a jump to £2.50 or £3.50 etc is not the end game here.
When we learn just how revolutionary this paradigm shift is then it will be almost inevitable that BP will covet the technology and this is when us bitter old LTH's will get our payday.
Hold tight and enjoy the weekend everyone.