RE: Red Braces Brigade23 Nov 2020 21:12
S - More drops on SNG today, worryingly low now ( half what it was 2 weeks ago! Big loser for me!! ) but the fundamentals haven't changed.
Still a great treatment for COVID, and COPD and other respiratory diseases, tolerated well with steroid treatment, and cheap, so a long term success I think. Short term, need some news, approval, sales etc. then it will bounce back into the 200, even 300p range.
At this price, i'd average down... ( but outta cash! ) so if you have spare capital and fancy a chancer that can deliver in 2021, go for it!
Phase 3 trials started / due to start and awaiting announcement, at home trials well on the way if they got enough sufferers, so could be good.
DYOR of course!
V