Scancell v the rest22 Mar 2023 10:40
I am wondering why the SP is static or in decline given that most posters here are so optimistic and clearly believe that our product(s) are the pathway to untold wealth so I had a bit of time this morning to have a look into it. I googled, searching for companies that currently have treatments in phase 11 trials and it led me to a CRUK page “find a trial” where there is a list of 265 in trial. A quick look showed that not all are trialling treatments, it included some “associated” trials but nevertheless, a significant amount of companies and universities are actively looking for Cancer cures…without banging on too much I have concluded, in my own mind, that Scancell is not as unique as I thought and while our “science” in itself is unique it is one of many and that we are, possibly, in a race of sorts with first place getting the biggest and best prize, second place, not so much but still rewarding. Third place….etc. etc!
I am not trying to be negative, just trying to understand as an investor (and gambler) what my chances are of getting first place in “the race” and the honest answer is I don’t know!…so I am left with stating the obvious…only positive official news will move the SP and if we end up in first place then the prize will reflect that. If we are lower down the order the rewards will be less but maybe still worthwhile.