RE: PH6 Jul 2024 15:48
System , you miserable git, LOL. Roger , for me a takeover offer wont come until we are really selling and hitting a few £m and when we do it will be nearer a pound than 50p , and my reasoning is that a big pharma will want all possible failures out of the way they would much rather pay top dollar for certainties than grab a bargain that could fail, that is why we are here sweating on approval . The normal p/e for takeover is about 20 but that is for an approved drug and as we are just a test i have took that to 10,with a world wide revenue at £200m i feel a starting bid of 50p-£1. its just a matter of who is watching and how much they would pay. Time lines i am just guessing but NICE approval for stroke test, and hearing test and FDA application for hearing test, DEcember 2025???????