RE: Insiders ownership and salaries26 Apr 2021 20:38
I think we all know the risks in investing in a company like SCLP. At least I hope we do.
The downside is if all the trials fail then it will be worth nowt. The maximum upside is if all trials succeed and to such an extent that they beat the current accepted standard of care by some margin.
Just taking one example, the SCIB1 combo trial, which from memory Lindy is aiming for 60% efficacy as opposed to the current Keytruda alone of around 30%. We know from the p1/2 SCIB1 trial conducted by Scancell that this may well be an achievable target. What price Scancell if that target is achieved especially since SCIB1 is not expected to add to the known side effects of Keytruda.
Then we have a Modi1 trial starting soon (we are continually being told) that is aimed at 4 hard to treat cancers. What price if just one of these trials within a trial is sccuessful.
etc, etc , etc down the extensive pipeline Scancell now hold.
So, as investors we have a choice of how to play this.
One approach would be to await for the 3 expected trials that we are told will start this year and just see what happens to the SP.
I certainly wouldn't rule out taking some profits before results are due but I won't set a specific SP for this as the price action of having 3 trials underway is nigh on impossible to predict. Add to that a deal with whoever on Covidity (my favourite is CEPI), then there's no telling what fireworks that will produce in the Surrey Hills :-)