RE: FAITH RESTORED2 Apr 2024 07:34
Sheppy- guessing that’s where the dog analogy comes from. Are you aware of the sector this share is in and the reasons as to why the SP has dropped? I’ll tell you. It’s due to the very long time scales that it takes to complete the trials to ensure that safety and efficacy is present. It has been known to take 10 years to bring a drug to the market. Obviously this is not a new drug, but a platform, that will take time to prove its worth. Along the way, these trials will be very expensive which means raising money to invest in the processes. This will affect the SP, as with investor sentiment and patience, or lack of it when the data isn’t immediately there. There will be positive news and then news which will affect confidence. Nevertheless, if investors believe in the science they will invest for the LONG TERM. This means another 2-3 years from now! If you don’t have the patience or belief you should sell your shares and move to a company or sector that gives quicker returns or a savings ISA.
The returns here could be huge, IF everything goes to plan. I, for one, will read the RNSs and follow data and qualitative comments in there.
Just saying…