RE:Can someone explain why ? :(
Why hasn't the share price reacted to the recent successes? I think it's the same reason as every other time - Promis is simply too small, has no analyst coverage and doesn't trade on a US exchange. But the important thing is that share price doesn't really matter much. Here's my thinking: my expectation, and think most other shareholders expect the same thing, is that ultimately the payoff will come in the form of a buyout of some sort or the sale of the IP. The value of that buyout or sale is not tied to the shareprice at the time of the sale. If some BigPharma decides they want the IP the offer to buy will not be affected by the shareprice. Although there is a feelgood aspect to seeing a rising shareprice ultimately it only matters if you are planning to flip for pennies or settle for a small profit. Now, I admit that shareprice does have some effect when you consider dilution from financings, opinion/sentiment of potential investors etc. All those considerations will be quickly forgotten if/when a buyout occurs.