RE: Bargain price to buy20 Dec 2021 17:41
Paraytec alone is worth more than the current 16mil mcap, let alone the other investments.
A 16mil mcap for a new groundbreaking testing solution that can be used for COVID, Sepsis and Cancer and no doubt other diseases too is far too low. Not to mention other projects they are cooking up in that lab of theirs.
The last RNS showed clearly this is a commercially viable solution, with production partners finalised and multiple commercial partners in late stage discussions. At the prices they quoted, demand will be high for it across many sectors.
For a well funded tech stock in the medical sector, this is ridiculously undervalued and I have no doubt there is plenty of domestic and international interest here.
I am personally confident either the technology or Paraytec itself will be sold to a bigger player in this space and shareholders or BRH will reap the rewards. 16mil mcap is a great entry price, especially whilst Covid is here to stay well into next year.
BRH is funding Paraytec and their project because they know its about to deliver a return that is mulitples of their investment. That's the great thing about developing new cutting edge technologies.