RE: Why are we different from most early stage biotech?7 Mar 2023 08:10
It's not being valued on COS.
Its being valued by investors on how long it will take to get some solid news that proves efficacy.
SD was fantastic but it left questions about when phase 1a will close. Has the latest dose escalation started? When will phase 1b start? Does the extended time line eat into funding?
Hard I know for Avacta to give answers on this and patience is needed but imo this is the reason for the sell off.
If there is a sniff of these questions being answered then the share price will appreciate.