RE: Keeping the faith17 Jan 2022 11:52
Quite simple - It would be worth less because 6-12 months ago, COVID was a situation that alot of people/countries could not see a way out of - I believe people are now in a position where they can see an 'end' to the pandemic.
Like with all business, timing is key and the slower it takes to get to market, the less of a market share you have.
I'd be over the moon with any sort of range that is >£5 per share, but I don't see it from here. Gone are the days of >100% increases that were a daily occurrence 12 months ago.
I have no doubt results will be positive, but the longer they take, the less impressive this will be seen - How many >50% efficacy drugs have come to market now for COVID...