RE: Silence21 Oct 2020 11:22
Agree Dave - Boom or Bust....Feast or Famine.
Said it before - but if you're comfortable with your research, then just add a large dollop of continued patience and hold tight. The way I see, unless you think FDA / ICM / WHO and BC collab are going to fail, you stick around for the SP tick-up when it comes - then re-evaluate, and take a view on orders + POC + Saliva + other projects etc.
Granted SP could, as has done recently, pull back further - although appears to have found support for now - without news, but the risk is you're caught offside when the material newsflow(s) land......and there will be no VAR to save PI's!
PR provided response post last RNS stating no timescales set for next BC update but 4-weeks provisional (can't remember exact phrase used.??). Friday is 4 weeks since last BC update - so let's see, plus trading update might be the communication tool to roll all into one.
For those that exit and re-enter at lower SP and have managed to average down - well done, each to their own on trading strategy / risk vs reward / timescales.
External dependent approvals are anyone's guess when they will land - could be this month could be Dec, I've lost any confidence guesstimating (urgency in a pandemic appears to have little influence).
SA Approval provided hope for 'Sales RNS' but agree with others that expect sales will be included in Trading Update - so either immaterial or DB playing cards very close to chest (as mentioned).
Research done - so I'm just hanging around to see what unfolds, per Magsy, clearly still expect good outcome otherwise would have exited stage right.
PP
Sign In
Follow the stocks
