RE: The good old bb11 Nov 2024 15:13
Yep - I too made a comment regarding Wolfie. I do agree with Luton though. There is always going to be investors with doubts and that is fine. It is also fine to express them. But we all know where we, as individuals, stand with Sareum. We will embark on a tox study ahead of Ph2 with a view to dotting the I's and crossing the T's. Other news to come (good/bad) means that we should have total clarity by June next year. It is up to individuals to do what they feel is right for themselves. Cash runway has been extended with a commitment from the BoD that they would take shares in lieu of salary if they had to. Who knows what else could transpire along the way. So my glass is half full (no surprise there) although flash to bang is longer than I anticipated (along with many others no doubt). During the extended period, I have managed to add considerably at all levels and have multiple exit points should I choose to trigger them. I have no intention of selling a bean here until I have confirmation and clarity. I am in the same boat as Luton. If it goes belly up then I move on. Other than that it is a case of "out waiting" the market. Something will give. I have an occasional contact who assures me the science looks very good (doesn't invest) and has become interested after the presentation from John Reader. That is enough for me. Whatever you decide I hope you make money.