RE: Unmatched3 Mar 2021 11:08
So true and that's the problem.
If you are in and the SP jumps you win but if you are out you might miss the boat.
One thing for sure the lower the SP goes the tighter the spring and at some point it's going to go and when it does it will be a big jump.
Only problem is at the moment many people have sold out because 6 months is a long time and people are not prepared to wait that long (all after a quick profit and too many other pies to be in at the moment).
There are a few milestones which will be important to this SP over the next few months.....
First is in 3-4 weeks when the announce the sensitivity of the detection/lower limit of detection.....
"It believes it will be able to confirm, within a period of four weeks, a lower limit of detection of 1,000 virions per millilitre of sample, also a market-leading value."
When that is announced that will have a big impact on the SP.
Then when the results of the 500 test samples are announced is approx 8 weeks time (by end of April).
"Paraytec will now progress to a prospective clinical validation with a larger number of patient samples and seek to obtain a CE mark for the test. Depending on location, the prospective clinical trial (where individual patient outcomes are monitored over time) is expected to take two months to complete and a further update is expected to be made by the end of April 2021"
At each point the announcements will have a big impact on the SP (and also make the value of the product/company more appealing so if TB was to sell Paraytec).
The problem for now is not much happening for the next few weeks so SP is dawdling and drifting lower and lower.
Personally I can't see the results being bad so over time as each state gets closer the SP should increase in anticipation but at the moment there is no reason for anyone to rush in. Hence the stall in the SP.
Is this a winner? IMO hell yes
But is 6 months too late?? Don't think so but it's a long way off yet so no hurry for the moment??
Anything can happen or change in the meantime but we will see.
GLA