RE: Tonights presentation21 May 2021 10:34
"Did he say share price should be at least £5 if not £7 or £8 at the moment?"
Was he talking about value in £'s, a scale of 1-10 or multiples of the current share price?
The question around 34.30 was "on a scale of 1 - 10 how much extra value has been added" Markku answered "A significant amount" Would we really consider £5 to be a significant amount ? We touched £5 last year and both Traumakine and Clevegen have significantly advanced since then.
If we took it as a multiple of the current SP 5x would put our market cap at just under £1B and 8x would be around £1.5B, if Clevegen does what its starting to look like it can do these valuations could still be conservative.
If Clevegen continues to progress and looks like it will get to market my worry wont be if we can hit those market cap levels, it will be that a major takes us out before we get chance to get there.