RE: STRIVE15 Jul 2023 07:01
My SNG investment “strategy” is, and always was, that described by Doc83 and Wigster. However, I would not recommend it to other investors, as their affairs are none of my business. Every investor presumably carries out their own research, and takes decisions based on the conclusions of that research.
My decision to hold all my SNG portfolio throughout the SNG0018 trial was a mistake. However, a long time ago, I decided that research concerning SNG001 conducted prior to the outcome of that trial wasn’t flawed.
I was under informed as to the company’s revised strategy until recently. Although nothing is certain, I am now relatively “optimistic” that we are back on track. Although far from being secure, my long term hold (3 years next August since my first shares purchase) has a chance of future success again. My thanks to everyone who reported back from the AGM. The detailed commentary on its proceedings, and on the nature of the next P2 trials, were invaluable in updating my knowledge about, and understanding of the company’s strategy.
Future success is a long term prospect. I am currently considering a time frame of at least another year, if not longer. The only issue that currently blights my horizon is that of funding. Despite the fact that the initial trials are funded from the company’s capital reserve, future funding remains uncertain? IMHO, successful readouts from the P2 trials should go a long way in securing future support? Like all investors, I will need to be patient and see what develops?