IMO they will produce a pump before ASM to give F&F a chance to dump some shares before they reload with more discounted Cs. its the gift that keeps giving.
It should be obvious Les' appearance all but assured there is no buyout. So given the Advent arrangement, the tiny regulator, the pinched for cash UK health system, along with the governance history, anyone willing to even fund this company likely thinks the true market cap is probably around $200M.
I doubt we get back to the teens. We should see an ASM pump soon. My belief is the approval timing based on the accelerated approval program is right around the date of the ASM to the end of August, depending on whether or not a RFI was issued. I was under the belief a RFI was certain but I may have been wrong based on Les’ comments. I don’t believe we will see an approval before the ASM. However, we may get something along the lines of them not receiving a RFI and they are in accelerated approval. That should be enough to stabilize the price as the approval could come at any day. The delay would be attributed to the MHRA and their process.
Yet it's been their MO for many months now. Slow, silent, ignorant of SH is the nwbo way. It's not going to change. What should have been accomplished in 2 years has taken them 12 and counting. Several mistakes have been made, but they keep those to themselves.
“Then they fuck around and let Les Goldman say "no decision until the Fall" to the Big Biz boys”
Why do we need shorts when management can give them green light for few months . He could have just kept quite or said they don’t know when it is going to happen