RE: OvB dropped from 10p.Huge gap up inbound anticipation of update.5 Jun 2024 20:52
My opinion 2x cash yes. They had £2.4m I think a year ago. Costs are minimal, literally paying for what? Couple salaries what else? No trials or anything. So say burning £500k a year? Absolute tops IMO. Leaves say £1.9m but I could be wrong about the £2.4m. So leaving lots of room for error, say £1.5m. That’s double and some from current levels. DYOR