Synairgen Share Discussion Threads

[little minx] 30/9/2020 16:28

Most chat about UK market which probably will be the slowest to uptake SNG following an overseas country who sees its potential to assist Covid patients rapidly adopting it

[njb67] 30/9/2020 16:27

The NHS have plenty of money for Covid medicines and the government would find additional if this became an issue.

Can only guess on why the share price has fallen

- uncertainty about when this product will get to market, will it be too late if a vaccine gets here first?
- uncertainty about how much the company is worth? with or without a vaccine or cure for Covid?
- I suspect that there are a lot of folk sitting on big gains having bought in pre-results. Only natural for some of these to cash in some or all of these gains (4xSP overnight?). Healthy profit taking or fear of losing profits
- human psychology - if the share price is falling and you are sitting on gains, then there is a natural urge to sell

So a mix of it being difficult to know how much the company is worth and (ir)rational responses to share price movements.

Edit: just saw realcapital city post - it could be enemy action too...

[the real capitalcity] 30/9/2020 16:19

Umatingytribe >> IF (and it is a big IF) additional trials were needed, they would most likely be fully funded by a Pharma partner or Govt body as part of an Open label P3 controlled in Hospital Trial.

Why the share price plunge? Someone with the means want's in, and is aggessively dictating the price they are prepared to pay... (Clue: it isn't £2.50 this time ;-) )