RE: Alpha Blue Ocean9 May 2019 09:57
I would refer everyone to Tricky’s post of a week ago that clearly showed a number of Blue Ocean turnaround stories, some multi bagged for some balance.
The market is the best barometer IMHO by far and we are not capitulating, nobody is selling off and if anything the price looks posed for the next product news story to unfold.
What do we want to hear? Compounds are running in line or exceeding targets - yes!
I do believe this year will be pivotal as everything is now coming to fruition.
Most bios have to lose a compound or two during trials but VAL has 4 globally patented, ALL successful with 101 in PC and LoI signed, 201 next phase finished this month and potential early deal, 301 starting CT and 401 with 2 x LoI’s signed already. 101 and 401 no more funding, 301 funded to enter CT and 201 final phase and if a deal then funding stops there and our cash burn falls by circa 70% to a year ago.
It is easy to criticise what we can’t see or don’t know yet, but lets focus on FACTS on what WE CAN See.