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https://twitter.com/smallcappick/status/1256510942713708544?s=21
This is the price we were at before FDA approval ! These are still v cheap IMHO. And we now have 11 million dollar cash from ASK to move into 2021..plus increase Norgine sales
Due to sign a contract in US for millions ( ASK China deal was big, but will be nothing compared to millions from US)
In these times, not too bad at all. The massive thing is the US deal..which is still ongoing and supplies are ready .
Money to Norgine fair enough, peanuts to what money the US deal and future growth will be
Covid will pass and Fe deficiency is still the worlds biggest deficiency that needs to be dealt with.
Also progressing well in China.
The long term potential for this drug is still massive
We have a derisked medicine for the worlds biggest deficiency. A direct rival to IV iron ( I won’t even bother with the negatives of this .. hospitalisation, crash team needed , cost) which is usually needed as other oral iron is so poorly tolerated and absorbed.
IV iron is a MULTI BILLION DOLLAR INDUSTRY
FDA broad label ( ie for iron deficiency as well as anaemia secondary to iron deficiency. As big as a result as Shield could have wanted)
Waiting for details of US deal.
ASK pharmaceuticals paying millions to develop into China and Hong King. Huge markets.
Norgine promoting in Europe etc.
At 160 , one of the board members said the price was a good entry point for new investors on Proactive video ! Crikey , what is it now !
Chairman bought loads around 170 !
Target prices ( FinnCap , Hardman etc) vary from 295 to 350 ..... and the US deal on TOP of that.
IMO , you have an opportunity to get in at prices you may never see close to again .. but please DYOR
Again. If something that cost a lot of money and people’s lives depended on it , would the authorities allow an expansion? Would SNG want to flog a dead horse ?
No
You’re agenda to put doubt in people’s mind is clear. It is not an argument done to help you make an informed decision etc( this making you appear genuinely concerned ).
You can have your view. Stop stating it as fact.
Jack , you are having a laugh. Adjust your “ position”. You too Trek
Expanding an area of research is a sign of promise , if this was failing , more money and lives would not be risked. They see it’s working, know it can work earlier, and are now willing to face the logistics to prove this
Let’s put it this way. ......
If the hospital patients were showing no progress , would you throw more money at it ? Flog a dead horse.
If the hospital patients are responding , and you know the drug will work even better used earlier, would you not push the boat out and introduce a load of complications to proove this ? Real lives are at risk here. They aren’t doing this on the back of bad readings so far ffs !!!!! Look at what is needed to introduce people earlier into the test.... would you do this if evidence so far was poor !!!
No doubt big seller just feeding shares back into the market still. I suppose you might think they perhaps even made this clear when buying on the cheap.
The share placing was never going to the public, big investment companies in effect become a feeder.
But the sooner this feeder F**ks off the better. As this is depressing. Every fall makes the next peak lower.
Anyway. Just ranting. Hold a shed load and hope things come good soon for all holders going through this.
Still surprising me this. Perhaps it’s the obsession with Covid shares atm. But the potential here is massive and I can’t believe more people aren’t taking an opportunity to get in at these levels.
US deal news maybe tomorrow , next week, next month. But it will come.