Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I think on the active P3, you are right. On a wild card like EMA shortlist (possible) or P3 early read (v. unlikely IMO), then you are talking much higher. The EMA shortlist excites me as I think it virtually guarantees a EUA as long as the drug works, and we know the French like the interferon product. I'm no expert BTW, it's just what I've read up on during my research. BTW actually ARB is winning the SP race today so I'm happy all round!
SNG a bit crazy today. There are 2 bits of news imminent, the Activ 2 progression to phase 3, plus the EMA short list announcement (they said 'by June' - but could slip, like most things do). The former is probably likely and I would have thought priced in, the latter is a real wildcard and I think the Dutch lab utilisation has started the speculation. If the shortlist happens it's pretty massive IMO and not priced in. I think this is just speculation at this stage, but if a leak of some kind that realises this could go even more crazy.
Crazy and stressful day. I sold all my portfolio (incl. long term hold) at 118, stupidly bought some back at 113, bought more back at 102, then stupidly bought the rest back at 118, sold the extra shares I made at 125 just before the bell. Ended the day with same number of shares pus £5k cash. So not total disaster, but holding that many shares overnight may not be clever.