Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Br3xiUK What makes you think l wasn't referring to you? Anyway I wish you all the best and maybe we'll see you back on here when its been de-risked as much as possible.
If one sells to keep their original meat in the game one can always re-invest - especially if the sp is below what you sold 'em for! Simples. One poster on here cannot seem to understand the mechanics of this approach.
To those investors on here for whom time for a fda decision is of the essence l sincerely hope that your patience pays off and thankyou for your posts.
Agree potential that's why it is so attractive to the private sector. I am one of the 10% who is prepared to reduce my holding and potential profits ensuring l do not lose money.
Very very reluctantly I have sold the majority of my holding to cover my costs - the rest is a free ride.
l am amazed that some investors on here cannot accept Chunky may be (probably is) right. ANGLE was and is a plum ready for picking by the private sector. PIs are now trying to protect their capital and this share will probably go into freefall at some stage whilst the silence from the board is deafening. With the FDA new rules there is no telling when a decision may be reached - it could even be in Q2. Anyway each to their own.
This share is only going one way until FDA result.
My own view is very likely. bearing in mind the potential market value of Angle, the opportunity to build up a war chest when the sp was 37p and the steady drip of off book deals resulting in the depression of the sp i am beginning to believe Chunky was right. It was and is a plum ready for picking. Next week if the volume of sells increases may well prove the point.
This share reminds me of the above TV programme (a multi million $ search for treasure) where the more finds they discover the more questions are raised. This search has been going on for over 150 years hope we don't have to wait that long!
Chunky time for you to step in ??????
ALL UK markets are in the red at the moment chunky.
-Don't be fooled by these supposed buys - basically when the deals are done close to the midpoint lse has to guess (they use the word calculate) whether they are buys or sells as the stock exchange do not notify them on the type of trade. Hope this helps.
STOK EXCHANGE lists many (probably the majority) of these as off book deals - which is why the sp hasn't moved.
fda.gov/media152657/download will give you a proforma of info required by fda for de novo submissions. Many questions may surprise you like financial info required if trials conducted outside US. One can also search under fda de novo calendar.
"FDA will issue a MDUFDA decision within 150 days of receipt of submission for 65% in FY 2021 and 70% in FY 2022 If a final decision has not been rendered in 180 FDA days FDA will discuss with the applicant all outstanding issues with the submission preventing the FDA reaching a decision. This discussion will reflect appropriate management input and approval as appropriate with an estimated date of completion for each party to complete their respective tasks."
Dated OCT 2 2021. No mention of any delays due to covid.
Chunky your concern expressed in your post last thursday may be well founded but they will have to get a lick on to achieve it before the fda result. The main holders are not selling and l cannot see them moving once we get approval. Thanks for raising the subject - it certainly gave me food for thought. Lets hope they run out of shares soon although l doubt it if you are correct in your assumption.
Like Chester i also am hoping for the reply this month early February. AN in his words gave "a COMPREHENSIVE response" to the AIR request - which did not include any questions on the trial submissions. It all depends on where we are on the list and whether they will prioritise the list. Covid has delayed the ovarian trial in some manner imo. Do not forget we also MAY have a listing on NASDAQ to look forward to in the near future.
Rarely seen posters on here reminds me of the above tribe who were 4 foot tall pygmies living in 6 foot tall elephant grass and every now and again would leap up and shout "w'ere the ??????? WE.
This is a discussion board where investors experienced or not are entitled to state their views without being denigrated. Wind your neck in please.
With the pandemic now set to be endemic and the FDA snowed under future submissions will probably take as long or even longer to be run through the mill, ( I don't buy "the much shorter time frame" now.) If the current ongoing trials are deemed successful I cannot see oncology centres in the states waiting that length of time for approval before using it when it has been hopefully approved previously. FDA's approval would then be considered a purely academic action.