Thanks - and good luck13 Jul 2020 15:40
Hi folks. Just wanted to thank everyone who posted links to interviews, trials, results, etc. I take BBs with a large pinch of salt but there have been some good resources shared.
I started building a stake here on 18th March and bought my last tranche today, with an overall average of 39p. If I'm honest, I did not expect to be averaging down this close to results, and my stake is bigger than originally planned. However, outside the share price not much has changed - if anything, the odds have become more attractive as the price falls back. Or at least that's my justification :) It looks like I have Acacia to thank, at least in part.
I imagine most of us are in it for the hospital results now, so we'll sink or swim together. I'm sure we all know we're taking on huge risk here. Personally, even with the most optimistic read, I don't think we can put any better than 50-50 chances of a statistically significant result on the primary endpoint. However, in my best judgement the upside significantly outweighs the downside and those are the bets worth taking... even if most of them lose.
Whatever happens, well done to our company for reacting, adapting, and delivering results from the front lines of science. If they're not what we hope, at least we've contributed to the search. And well done to us for funding it. If we make our return, we will have earned it and if not, we will have tried. Good luck all.