Whats even trickier is that just an announcement or hint of starting clinicals may trigger more volume and more buying. The ART out in 6 months? Probably a good chance not to be out in 6 months. A year from start of clinicals if fast tracked? Maybe less then that if fast tracked.... possible.
The good thing here is that Elite hes the option of going for smaller tests or going for the big test. They DO have the data compiled to make a choice here.
Now Novel and Elites sale of the 10% stake is quite a different problem to have. A good problem if you know what I mean. It is a cash infusion to Elite waiting to happen. Will they sell it now or wait still longer? Who knows? Keep them guessing I always say. Then when they least expect it..... sock it to em. Sock it to me! The fickle finger of fate. LOL LOL