Another week, month & year…. First, it was questioned why I don't post on the other sites.
Part to do with a technical issue, part to do with the on- going censorship of my posts.
Once again, the efforts of a few destroyed the integrity & continuum of the site. To a bunch of useless babble, bashing & intentionally suppressing anything in a positive light what so ever.
Last & most importantly I'm dealing with some extremely complicated life/ death family situations.
Nothing to do with Onc at all. Does however use up a lot of my time & energy.
Moving on......
onc?
The trading for this month & year is almost over.
I don't expect anything major. That being with the SP , or announcements, until early January.
I did post previously to expect a surprise first of the year.
Why " surprise "?
The lead up to last few days has been remarkable, yet not discussed formally.
Andrew D, is gone, yet investor presentation still not updated since early November.
They are looking to higher a technical writer.
They have 2 phase 3 ready opportunities, yet no announced pathway.
On the $$ side, they must have a partner or buyout to get to phase 3.
or if going alone a very complex equity issue. Certainly giving more than 10% of the company to the financier.
Lots of unknowns. At this stage nothing would surprise me.
Questions need to be answered.
No doubt lots of discussions Internally & at the BOD level.
FYI it was stated many years ago, a takeover would be best suited as early in the year as possible.
Both for financial & logistics reasons.
They won't be going out of business, , won't be doing a reverse split, no need actually.
Saying that. They need a profound change. Loosing Andrew D, is part of that direction.
I have been in various stocks since 1978. Seen many things happen.
I do have a bundle of theories. None I will post, as pre mentioned my words get quoted & taken out of context.
Just know this, by mid Jan things will not be the same old same old @ Onc.
We can only hope the business side starts to line up with the science.
right now, there is a Grand Canyon size gap in the trading price & where it should be.
Wishing everyone a safe & happy seasonal holiday.