No NR...my takeWhat to expect in the days ahead???
Here is my take...the fact that we have not yet seen a NR is positive. WHY?
First, PRX has had the data and the analyses long enough (imho) that I believe if the results were NOT positive, they would be compelled by the exchange, under the timely release of pertinent info requirement, to issue a NR to that effect.
That says to me that the wait signals a POSITIVE result. How POSITIVE? Well that depends. A co-development deal is preferable to a private placement to fund P3. A bit longer wait tends to support working out the details of a co-development deal as a PP would be relatively easy to trigger (IMHO again, those dicussions have already taken place).
So, let's be patient. The potential upside here is significant.
Any one else have thoughts on what the timing says?