RE: LinkedIn and twitter.28 Jan 2023 10:19
Axe-Capital.
Many thanks for your reply. I concur with your view, and current outlook for our treatment.
IMHO the reason we are in our current limbo is that the company has yet to identify a route to commercialisation to replace the clear path that was in place prior to the abject failure of the Sprinter trial. Since then, the company has analysed and given feedback about its existing data, presented the Sprinter trial data at several notable USA conferences, produced some educational materials - two podcasts, and a Scientific American led discussion, and published a peer reviewed paper, which effectively draws a line under the Sprinter trial. I previously referred to these actions as "sweating the small stuff". Most of it may be helpful in enabling the company to press forward, but none of it has had any impact whatsoever on how the market currently views the company.
There is little point in dwelling on past failures. Instead I choose to be optimistic regarding future prospects. The company has a concept-led vision for future progress. It will need to secure a trial to prove the concept, initially for a single virus, before we see any upward share price movement. A year ago, investors were singing the praises of Richard Marsden and his team. It is high time for him to press on from the 2022 summary, and nebulous "vision" in his new year statement to investors. A host-directed, agnostic, broad-spectrum antiviral product could have a major impact if it is fully realised. It is time for the Synairgen team to restore investors' confidence in their ability to deliver a suitable trial opportunity, as outlined in the CEO's "vision". The sooner they are able to do that, the better as far as I am concerned. It has been nearly a year without measurable progress, and time to deliver on their repeated message to investors, in various incarnations, since the last AGM.
All the best to you Axe. GLA.