I’m not sure on that Tricky mate. I just hope we don’t have another seller as there seems to be quite a few getting dumped… bonkers selling down here imo
Great news, once any form of non dilutive funding is arranged/agreed a chunk of risk is removed. The SP will then be at what is should be, double what it is now.
Unfortunately, that’s today’s reality searching, bubble lipped, designer chav investing types that walk amongst us. They are willing to put 5-10 grand down for a poxy few hundred quid profit. They want profit before they even buy, I mean today’s RNS is solid and here we are….
I believe its the first time they have actually put a potential valuation (potential being the word). They are placing us at a level to show prospective investors etc
"This patent strengthens the long-term value of our PTSD programme in an area of clear unmet need and rising strategic and commercial interest, highlighted by Otsuka's agreement to acquire Transcend Therapeutics for total potential consideration of US$1.225 billion"
"a composition of matter patent is the gold standard of IP. It protects the actual chemical molecules, making it much harder for competitors to create "copycat" drugs. It is the most commercially valuable type of patent".
Very positive development, I like the fact that they are comparing us against another company to show our true worth.
All about timing I suppose, the stresses of making a few hundred quid on the hop...Problem is when you dont time it perfectly and news lands you could be eating a bowl of regret. No one times anything on the button, thats a definite....