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The next significant pieces of news as far as I can tell will be:
Partnership deal to fund phase III trial for XF-73 in StaffAur (if partnership route)
Partnership deal to fund phase III trial for NTCD (if partnership route)
Phase III trial commencement (if self-funded route) with length, size, and operational details for both of the above.
Then in 2023 phase III trial results (positive or negative) for both of the above
+ news on other early stage indications for NTCD and XF-73
Where will the share price go at each of these milestones? Will there be any more significant drops? It's hard to imagine given the Mcap of £30mill and the stage of the company; but this is the stock market so I guess we have to say we can never be certain of success. This company at the moment at £30mill market cap is as close to certain I can get of significant positive share price movement in the coming 2 years.
Yeah I can see from the 5 year chart there was kind of a 2.5p average for ages then a low of 1.375 just before the vivid spike.
Will this spike again you reckon? I think Macao is about right now too, but when has that ever determined share prices ??
It’s at 1.5p now so 10p would be a 500% ride from here; not often you get those! I reckon it’s a no so anyone holding from 10p may as well sell now or soon if there is a big blue ladder coming soon.
This will be a big seller with men.
While their girlfriends are sleeping, it'll be really easy to just give a little spray up their nose...
Agreed, share price should be 1p right now for fair value.
Price hanging around 0.11 is a good opportunity to buy, probably a large seller who wants to shift shares regardless of price.
Growing company with a profit of £1mill a year (+- £500k each year), so would suggest a market cap of £20mill (pe ratio of 20) is minimum fair value at the moment, which would be 5.5p.
With the growth that's going on I'd add a bit more onto a PE of 20 for implied value, so potentially worth £20-50mill (5.5p - 13p) right now!