RE: Bring on the8 Aug 2018 14:48
Tomie, feel free to ask me but truth is my opinion holds as much or as little credibility as anyone's in that no-one can predict the future!!
As you've asked though, No, I don't think it will breech £10.00 or near.....but what do I know hey?!;)
Remember, in May when they were awaiting data, the sp was approx £8.50+ and it cld have easily gone into double figures at that time as it wld only have required a 17-18% gain.
At this level, you wld need an 8 bagger minimum and that's on assumption this sp level holds...
In addition, the drug can't in the ST-MT be licensed for Europe due to CT3 failing for the European arm of the trials....and that is quite significant Im afraid whichever way you look at it.
Sure, they can repeat it...but that takes a *lot* of ££££ and time....
In addition, a decent pipeline is the heart of any pharma and FARN's isn't all that outstanding in truth.
The Clevegen RNS is now 6 wks old yet is part of the reason for the past 2 sessions' gains.....??
Sentiment has a lot to account for on AIM for *any* share.......;) GL Tomie.