Aug. 14 at 3:10 PM
$RVVTF this news release feels unusually restrained given the significance of the DRDC results.
Remember, the March patent news triggered an ~88% move, yet this potentially much more important DRDC efficacy update has barely moved the stock.
DRDC also controls what Revive can publicly disclose, so there may be considerably more context around the program that simply cannot be discussed yet.
And if the Canadian government is ultimately looking at procurement, seems there's an obvious incentive for negotiations to happen before the market fully reprices the company. IMO the best is yet to come and this smells purposefully coordinate…