RE: Results Update30 Apr 2024 15:42
They had to raise money urgently and on the basis of current facts 50p was the best they could do. Very simple. When I first invested here I wasn’t expecting to be looking at P2 clinical trials starting 1H25 and P3 starting heaven knows when. Who knows when Avacta Tx will be profitable.
As to those screaming for a TO, how would you feel about 50p per share plus 50p worth of shares in Novartis or whoever. I certainly wouldn’t be happy