Future potential18 May 2023 19:58
I agree that : frustration amongst impatient private investors has caused the fall from the move up on the morning of the confirmation of MHRA approval for the phase 1 clinical study. Subject to the initial findings and progression to stage 2/3 we should see more consistent price action.
Nothing has fundamentally changed regarding the outlook for this early stage company that may introduce a game- changing medication , yet the market makets have adjusted the ask price by >30%
I keep my stop way below it can be " picked off" at obvious levels of support in what's referred to commonly as a " tree- shake" by MMs.
DYOR , speak to oncologists if you know any/ hospital pharmacists who sit on drug formulary groups , as I have done ( as I work within the NHS and hold, accumulate or sell- your choice).
I hope for a 3-10x within 2 years.
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