I emailed the company yesterday and received a prompt and detailed response today from the secretary. My queries were not only about the SP slump, but were in part.
I don't want to say too much as it is a private correspondence. However all I can say is that I was more than happy with the reply and feel confident in the short, medium and long term future. If I had some more money I would buy more shares today if I could (I did place a small buy yesterday). MY OWN VIEW is that this is a great time to buy/top up.
There was nothing in the reply that remotely suggested any reason for the ridiculous sell-off in the SP.
My view is that the SP should be around the $1 mark given the fundamentals and the pipeline of news to come of the trials.
The above is all my own views.
RGS Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
