RE: 4D Tweet, Seres, SP and General Musings3 Dec 2020 02:30
Seres sp was tanking until a successful phase III and now is not even back at ipo levels.I do believe DDDD have further to go but unfortunately until then they have no revenue stream and AIM is not as good as NASDAQ\american markets in garnering interest pre-revenue admittedly.For example, Moderna had a big valuation pre-vaccine news.
Admittedly, DDDD have a way to go yet.I don't however claim to know how 'pros' value pre-revenue pharmas and on different markets.Even Woodford got burnt for years.