Waiting game29 Jul 2020 08:43
At the moment everything is a waiting game. But, when the news comes out it is best to be prepared in advance for the possible scenarios. Without a doubt the fda will approve it for something, it's what it will be and the length of time it would take to achieve the next phase, time is of the essence. With that in mind, what is the likely scenario for the share price, so many factors to equate in. At the moment it still only has a mcap of 380m which considering the potential is still relatively low, but still I'm not sure that if we get the green light to the next phase it will go a lot higher, simply because of the time involved and other drug developments. Also not forgeting those sneaky mm's, its not potential with them, its sentiment! It sure is a dilemma, nice one to be in though, greed wins with me unfortunately.