In my view, and my main take away from the last CC
Post# of 36537
WE FREAKIN' NEED THE DIVIDEND BEING PAID.
In my view, the PR which will announce a new payment date, will most likely do not have a significant impact on the PPS, as very few people would believe that this is THE ONE date, where the dividend will finally be paid (and not further delayed beyond).
But what I DO think is, that the actual payment of the dividend would actually be a first step towards gaining back investors trust and believe in a positive outcome for the company.
If GNBT can then follow up in a very short sequence of events, with all the stuff that JoeM mentioned during the CC are just held up by the dividend not paid, then I am sure that GNBT will no longer be valued as if going out of business soon. I believe that there are a lot of investors, especially those who are deep "under water" with their investments, to whom it makes no sense to still sell, but do not have much belief in a positive outcome left (remark: I am not talking about myself, I am neither "deep under water" nor have lost my belief in the positive future of GNBT). A sequence of good news and all of a sudden seeing GNBT follwoing up on all the promises which got delayed time and time again, could possibly cause some of us to even buy more shares or at least to keep holding onto them, such that they stay "off the market" and might make a positive response to good news, even more effective and cause the PPS to increase even steeper.
To me one of the most important things that GNBT needs to do is to gain back investors trust in a positive outcome. Another elemental part in this would be a quick settlement of the legal issues that GNBT has with Veneto and CMP, on a positive note for GNBT.