RE: Why oh why?13 Aug 2025 21:30
Rereading the RNS
Positives
•Net assets has increased by £200k in 6 months
•phase 1 of IB003 “The trial met its primary endpoints, with early data suggesting a potentially superior therapeutic profile relative to current standard-of-care.”
•Paediatric vouchers may still be possible circa $100m each
•IB Clinic, finally realised the need to direct sell to clinicians which some of us have been asking for for quite a while now
•IB ASL up and running, hopefully that is sold directly as well
•IB Nimble improvements
•The board acknowledges the shareholders frustration with the share price.
Negatives
•Less revenue but now acknowledged a change in how they need to sell their products is required
•EAP issues of access but looking into this. We need this for the real world data aspect.
•No mention of the GAM patent application
•No mention of the new website
No plan/commitment to try and increase the sp in the short term
Like The_Paladin stated I think this is a very honest update and states exactly where we are at.
People need to consider all the facts and decide whether to sell, hold or buy more. I will be holding. Personally I think we may be seeing more positive RNS’s in the near future (by Christmas) to placate shareholders and insiders.
Good luck whatever you decide
Thanks