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Thursday, March 05, 2020 7:15:10 PM
Absolutely agree. LP must produce. Kicking the can further down the road is not an option. Corona virus cannot be an excuse. The in person ASM may not take place but a web-cast is an alternate option in place of it. More delay and excuses are deadly and it is management that set the expectations which are, at least implicitly, quite favourable. In the interests of credibility, they need to follow through. Talking about "interesting improvements" in blinded data is definitely not going to cut it. That era is over.
I personally would be disappointed if top line is not the topic of "interesting". So would the market be similarly disappointed leading to more toxic funding and pissing everybody off. LP needs to deliver. April 18 is the deadline regardless of corona virus or other excuses. I am betting that LP will come through. It is really a last chance to establish confidence and credibility in management. JMHO.
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