My take.....18 May 2021 10:30
I believed in the science of the company when i bought in at 10p a share and like others very happy seeing it rise to 15p.
Should have listened to the wise ones who posted on death spiral finance.
However like many i expected a deal with a big global and a price rise to 25p
When the deal never arrived I have seen the share price fall from 7.5p to todays 1.75p, have to remember all this has happened in a little over one month.
I would suggest that the share price has hit its low and can only rise from here
the dreaded death spiral finance has been terminated, we have cash in the bank and HNW shareholders on the register
the company have announced "The Company will be able to maintain its level of operations as it moves its product candidates forward to clinical trials"
Do I still believe in the science of the company YES!
Do I think the share price will remain at these levels NO!
Do i think the share price will rise in the coming months YES without doubt!
So for me there is only one course of action which is to add at these cheap levels and be patient for the science to lead the way forward, because I know the share price will follow
GLA