RE: No drink talk24 Sep 2017 23:07
Personally Wress, I think that may be a bit high.
There will be an early licensing deal which I think will put this to somewhere between 15 and 25p, depending of course on the licensing deal!!
If a global deal comes worth in the £xxm then that 50p+is a possibility, if the deal is £xm then 15-25pps is more likely.
Don't worry though I think 50p will be next year on further deals, and exit, when it comes, should be over 100pps, given the 18 month lock in, and stated intention to have a trade sale.
Very very clever IP strategy here, and first to market globally for generics in multi $B markets, which large pipeline of IP to come.
One other thing, almost certain there will be no further dilution here, with early license deals comes early revenue.
The license deal will have ongoing royalties as well as an upfront fee......
With a 4-6p opening price, but heading north rapidly, those getting in early will make significant gains