RE: Price being held.21 Oct 2021 15:58
Owl, who knows?!
The SP has annoyingly drifted down in the past when there has been a lack of news, delays or maybe short term holders waiting to get in at a later date?
There will be more RNS news coming, such as last patient dosed for Synairgen's own P3 trial, but in the past small bits of news or even bigger news like the Lancet peer review last year, haven't budged the SP upwards that much.
Maybe the SP is artificially low, due to the likes of Polygon building up their stake? And a TR-1 from them might move things up? As might any sentiment drawn towards Covid shares, if and when a Covid winter kicks in?
For me, I think it's disappointing that progression to stage 3 of Active-2 hasn't generated a ton of PR, especially Stateside, as I think we're still a big unknown to many investors. Perhaps there will be more PR stories to follow? But I expect these will be a bit of a drip-feed E.g: interviews, in the absence of any big news such as stage 3 read-outs or any financial deals or orders.