ragingboom,
The funding is one thing - if and when it occurs.
For it to take any real effect on the share price, the facility will have to be constructed and start operating!
How long will that be after construction and regulatory hurdles? 1 - 3 years. Then we should see some action.
In the meantime actual sales that meet or exceed the forecasts given by the company for all their other products need to be achieved, and they need to be profitable!
As I understand, a lot of the sales under Life Therapeutics during its last gasp as a business were made at a loss - or close to. We have the same management here!!
Let's hope they get cracking with their sales.
Maybe they should try and tee up an association through Quintiles in Europe?
Regards................
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