RE: 4D - Onwards and Upwards26 Apr 2022 10:02
Leisurely... I also like to know the risks as I have money invested here. But, there are several posters here repeating the same line for over a week now - clearly as they are trading and looking for the SP to drop. I think that is obvious. In case you didn't catch their narrative, here it is again...
1. Financing looks to be in place for 6 rather than 9 months
2. Management have upped their salaries (which I understand are now broadly in line with industry standard)
3. 0518 RCC trial not brilliant (despite meeting primary endpoint)
4. Market is down so how is the company going to find money?
Now, they have not mentioned that management have significant personal funds invested, that Blautix could provide licensing cash, that at anybpoint we could have a TO offer, that Duncan mentioned negotiating with Oxford Finance, etc.
Now... we might lose our money here, as with any biotech investment... but in my opinion there are so many positives that spreading FUD just to scare PIs into selling should not be tolerated.
Just my opinion, not an advisor. I hold rD phaa shares and think with my own head.