Valuation5 Nov 2022 20:53
I have always though Scancell, and in particular Moditope, was potentially worth many billions. It's why I'm heavily invested here, and along with many others who post here, I have amassed a 7 figure holding, and any sp north of 50p is gonna be life changing.
I hope I can see through my own confirmation bias, but I sense a shift in attitude both wiithin Scancell and towards Scancell.
Where talk of £8 a share was ridiculed, it is now being taken seriously, and there has even been mention of £80 a share.
These kind of possible sp multiples are why most of us are invested. If Moditope works, as more knowledgeable posters have explained, we have, dare I say it, a whole new industry, that Scancell own the IP too. What price? £8 looking on the low side IMO.
Hope you are all enjoying the weekend and the fireworks.