RE: The Interims RNS26 Jan 2022 15:12
I agree that expecting trial data today was expecting too much, and that mid February was always more likely.
My big frustration here is that:
1 - We weren't told about this sooner. Its been nearly 3 months since we were told 16 patients were recruited, and the suspension of recruitment is significant.
2 - The BoD must have known this was the last date that they could push out disclosure of this materially significant news. Why did they not have a pre-booked interview with the likes of pro-active, to explain the situation and what they are doing about it? To me it just seems like they have kept this information hidden, and then failed to explain it or justify it.
I imagine I am like a lot of shareholders, I am getting increasingly frustrated by the continuous moving timelines and the failure to deliver meaningful trial data (whilst also being sympathetic to the global situation). Take this line for example:
"The Directors believe that the Company is well-funded and its diverse pipeline, based upon its proprietary platforms, is on track to deliver multiple value inflection points over the next 18 months."
This statement (or a version of it) has been in every financial update for as long as I can remember! Way past time to actually deliver on this - imvho.