RE: Cash burn in pharma27 Jun 2022 11:58
HFH ... A few reasons (purely personal) that If i had money, i would invest at this low price :-
- HEMO has money to get through to clinical trials in Q1. This is critical for our main product and as we saw from the failure of 4D on friday, is critical to build confidence in pharma. Nothing is guaranteed though of course
- At this low price, the downside is minimal. Again just my feeling since everything negative is factored in. Any positive news on any partnerships, money or licencing will drive this skywards and quick. We know how fast hemo can move
- The current interview hints at many many things so reason to be hopeful something is imminent
- I am fairly sure money is being held on the sidelines by investors who are waiting for a good update. That could happen on the 6th and that could be the stimulus this stock needs
- We know money is coming back into Pharma and this again is a very undervalued stock compared to anything mid or big pharma.
- Lastly and yes I also think there will be regular updates on CART like clean rooms and other items over the coming 6 months ... again, we don't need much to bring back positivity into this stock which is rock bottom
I have done much analysis and asked a few people and will definately be hanging on and even buying more soon if anything positive arrives on the scene ....