RE: CEPI Tweet (again)19 Jun 2021 13:03
We have been down this path before with the grand challenge.
The share holders got hyped up assuming we were in with a chance, and when it didn’t happen the share price tanked.
I think it is a prudent decision by scancell to try and not elevate expectations in regard to CEPI’s decision as it could go either way. And if we don’t end up with any funding and scancell were seen to be giving the shareholders the impression that it would, then I think that the same shareholders would be forming a queue to blame the company for giving them a false hope and the share price would tank again.