Reality check-in10 Nov 2021 06:54
1. We are waiting on 2 x P3 results, the first should be around Christmas time, although there were hints in RM's talk yesterday that SNG have seen good results thus far in their chosen setting
2. Polygon and Polar capital between them own 23.1% and there is probably another 7% kicking around under the TR-1 criteria of 3%. At 30% they would have to make a bid but Polygon are most likely to continue to build their position while the SP remains low (much cheaper)
3. Synairgen utilizes a natural substance found in the body so is not the same as other concoctions that try to stop covid 19. This is likely to be a massive win for the more skeptical among us that won't have the vaccine
4. Synairgen have money to scale up and are doing so already, looking at issues like glass vials that are in short supply
5. The Pfizer pill is based on you taking it before you get ill, in reality how many people test before they are ill? SNG is targeted at when you get ill, making it much more useful.
All in all I would say as an investor things are very positive, the Pfizer pill caused a blip in the SP but this was so short term if you blinked you missed it. This is because those investing took advantage of the opportunity to buy stock cheaply as smaller investors panicked at the news.
Synairgen will be worth billions if the P3 results pan out as expected (nothing to suggest otherwise) so I'm sticking with them and fully expect just rewards within the next 3 months.