SP perspective25 Feb 2020 15:41
Funny to think that people who bought this share less than 2 years ago , may well still be 50% down .
At that point we were just about to get the disappointing results from the Traumakine study .
Markuu remained optimistic and pragmatic , even with the destruction of the SP .
They must have been tough times for Faron - failure had never even been considered an option .
But they knew that they had a winner , so just back to work making progress .
Fast forward 20 odd months , the Traumakine results have been explained , protocols agreed , and finally all the FDA requirements have been adhered to .
That alone should bring our value close to the £8 mark .
Then add the fact that we should be moving past where we were back in 2018 - and that the Covid-19 has brought the world to focus on drugs that can help .
Then add in Clevegen , which again on its own could add £8 to the SP just while it is pushing through trials . Even if it only lives up to a 10th of its hype , it will be a major drug .
Then for those wishing to become LTH - we have another Faron invention , yet to hit clinical trials . Going on past history , they don't seem to invent things like cough syrup , so expect something pretty groundbreaking .
So in my opinion , we could get to £5 no probs before the next RNS . Maybe with some spikes and troughs .
After that things are harder to quantify , but with a fairly small free float , things do happen quick .
Biggest issue is trying to decide whether to sell any .
Shouldn't get emotional about a stock , but Faron is a rare company that is doing great things , and looking after shareholders .