RE: Round up27 Jun 2020 00:29
Nolupus,
COPD results are key for Synairgen and the development of the company, totally in agreement with that statement as its there primary target. Nevertheless, the pandemic/covid has brought out an alternate use for SNG001 and its arguable that 50/70 % of the current Mccap is due to this alone. COPD is a huge market, it is, there's estimated 3million people in the UK alone who are suffering and treatment is needed. However, for this too hold Hospital/Home trials need to work, and well. Its niave to think just COPD results alone will sustain this from falling, the market simply will not take anything other than success from all 3. I initially thought we would rise before results, as did many, but the odds are stacked against SNG here. 40p imo seems to be about right considering where we're at. All boxes have been ticked by the bod (questionable placing lock in agreement as its caused downward selling pressure) besides that I cannot fault. What we're all awaiting now is that clear cut data delivered from RM himself. The research, the timing, the calibre of the management team, everything adds up to me, hence why I'm buying the story. Its important to understand the upside here is also as massive as the potential downside. SNG have to effectively win against the odds here. I'm backing them all the way....
All imvho
Have a good weekend all