RE: break and hold 10p this afternoon..26 Apr 2019 20:19
Hi Kettle
I have to disagree. Although the FDA decision resulted in a degree of dilution as further funds were needed, everything else is unchanged.
As ever, subject to approval, we still have;
Same target market
Europe and Asia markets to seek approval
HABP to phase 3 trial
Cystic Fibrosis to progress
I do get a sense that the company has taken a slightly more aggressive / proactive approach since the CRL, but this does give me a degree of confidence moving forward. I, like many LTH's I'm sure, was gobsmacked on the fateful day. Having had over 2 months now to ponder things (and recover from the bout of alcoholism that the decision induced - although, to be fair, I was probably going to get drunk whatever the decision), I'm now looking forward again with a degree of anticipation / excitement.
My only slight concern now (subject to approval), is that we get bought out at a much lower level than would have been the case.
Time will tell I suppose.
GL to all. After all this time, what's another month or so?
Back to U.D.O. on the vinyl and a cider - have a great weekend