Synairgen Share Discussion Threads

[festario] 03/11/2020 12:16

Well, in the absence of tangible news, one thing is for sure.When the open offer placing shares hit the market tomorrow, there won't be the usual sell off and associated drop in price.There can't be, there is no profit to take, and it would make no sense.From an investing perspective, the natural direction of travel for this share should now be gently upwards whilst the RNS's are anticipated.

[blakieboy7] 03/11/2020 11:07

Courtesy of Davidbarnes. Numis came out with the following this morning. "with £87 million in gross proceeds the company is now fully funded to complete a single pivotal 900 patient 2 dose phase 3 trial across 20 countries, whilst also scaling up manufacturing to meet anticipated commercial demand.High quality trial design. In raising funds directly the company has greater control of the trial design. This is crucial given criticism of WHO solidarity study. (Paraphrase) SNG will have critical role to play as health systems deal with increased hospitalisations. Expect study to start immediately.Scientific logic remains strong, Interferon delivery to lungs aids bodies first defence,more effective than Remdesvir, they see important role as first phase vaccines may not be effective. Final paragraph as before, how can you value a drug with such potential, base case 990 bull case 5000.

[sandcrab2] 03/11/2020 10:26

Could I have a coin for the guild too please Nobby?