Yes. Of course, I've seen all of this before and have always maintained that SBFM is a high risk/high reward investment and have not changed my humble opinion on that. If and when the pps drops to your suggested level(s), I will be one of the first to buy more too! GLTA. Aloha.
you and many of us here are waiting, had been waiting for it to drop significantly so we can get more shares. May or may not happen. the longer we wait, the less time for us to accumulate. GL
Odds are high they won't need any additional cash. They'd only need it if they intended to go to phase II or III and on to licensing. The CEO has indicated the likelihood of the company being sold after phase I.
This is a single event hold for me. I'm not looking long term here since I don't believe the company will exist in this form long term. They will most likely be bought out. Based on the following quote it is clear to me that the CEO is wanting to sell after phase I.
CEOCFO: Are you looking to partner or at what point would you perhaps go from doing it on your own to adding some other sources? Dr. Slilaty: We imagine that at the end of Phase I, once we publish the results of human trials, we expect that large pharmaceutical companies will want to probably step in and buy it from us at that point.