RE: With new it could hit 20p6 Jul 2018 14:22
Scaryone - I respect your enthusiasm for this, and 20p by September would be a dream, but let's get back to reality.
One of things I've experienced and become aware of with share dealing over 20 years or so, is that companies and punters who talk in terms of share price eg, this will be 6p, 10p, 20p, are usually ones looking at hype rather than factual analysis of realistic Market Cap..
I was invested in a fledgling aero company many moons ago and the company CEO always talked in terms of "this will be a £1 share"....etc...needless to say the 6p share became a sub-1p share !! He loved the hypebole, but factually he was dreaming.
The Market doesn't like share price hype - it likes hard cold facts of Market Caps and potential Market Caps, so when people talk in terms of "20p in 3 months" it misses out a massive part of the chain that could get us there -
So £13M to £80M in 3 months...how?
what would that mean? It would mean a) Hugely positive Sentiment,
b) Maybe another pipeline of potentially blockbuster drugs - but where has simple potential got us now ?! (£13Million)
c) A major investment...and I mean MAJOR (as in tens of millions) - and who would do that at this stage? No big pharma in their right mind would take us out at 6X market cap at the mo, until trials are further evidenced.
Now, the other Pharma company N4P are currently residing at a Market Cap of £21M, with a potentially bigger mass market blockbuster than we've got - and it's a public buzzword product...so again, where does £80M Market Cap come from?
Ours are not "sexy" but co-crystals do have potential...but that potential still has to be unlocked and proven in human trials.
Maybe we could become a 20p company next year if all trials go well - and we have sentiment backed by a Co-Crytal that maybe offers a bigger and sexier name than Puminory Fibrosis. I'd like to see potential revenue stream figures from this, circa 130,000 sufferes in US, 30,000 in Britain...what % of that market would we get? 5%, 10%, 50%? who knows.
So, 20p by End of September?? NOT A CHANCE.
Remember those words, come back in September and let's see who was right...the rampers, or the realist.