I found the write up quite compelling and Richard Griffiths is no mug and now the largest holder, certainly worth having some. in my view.
The write up was from Finncap in September, PDF download link below:
Web site is https://www.circassia.com/
Currently some insti selling and others buying. Looks primed now for cash generation in 2020 and moving to profits in 2021. No need for any further fund raising. Products in Respiratory area, which is fast growing in some aspects of their business due to all the air pollution around now.
Certainly a good idea for a share to hold for the coming couple of years, significant potential in my view.