Re: The waiting game.....
in response to
by
posted on
Feb 12, 2019 05:09PM
I think Tada is the voice of reason here. Over 220 is exactly where we want to be now. It is not clear if the "around 200" MACE at the AGM were adjudicated or not, but the company has since said almost explicitly (!) that announced events will be adjudicated (which only makes sense). The company has also said that it considers the reaching of 250 adjudicated MACE events as material news that will require an announcement. So....what would you expect them to have in the meeting presentation of today? Over 220 is reasonable if MACE are occurring at a nice low (and likely slowing) rate, adjudication is taking 2-3 months and you don't want to let the cat out of the bag before your material news release. It does not mean that it will take months more to get to 250 adjudicated cases - we could be there tomorrow! All good, IMO.
Not that the anticipation isn't driving me crazy, too! It's just that the missed expectations in this case could be a case of due diligence and good news, not incompetence or malfeasance.
Jupe