RE: Hoping to see £1.20 today8 Mar 2024 14:42
Cj62
I had you down as one of the more grounded positive thinkers on here.
Couple of weeks back I said no takeover, no fund raise, no real news until arm 2 ends around mid year. I am totally stunned at what has happened and why they couldn’t wait until after releasing excellent clinical trial results to raise capital at a decent SP.
My conclusion is that because arm 2 hasn’t started dosing yet, there is no news until well into 2H24 and they couldn’t wait that long. So I will be selling my new shares just before AACR when I expect them to be high and then buying back a couple of days later. Of course if they let the cat out the bag at the AGM I will have missed my chance.
I don’t anticipate any news at the AGM it will be just about approve the fund raise.
Turning to the AACR I really cannot see what will be presented that we haven’t seen in December though it would be excellent if there were case studies. So expect the SP to move sideways while traders take advantage of the small fluctuations until 3Q2024 at least.
It goes without saying that I’d love to be wrong because like some others on here I am well under water.
GLA