RE: Quite Happy12 Oct 2021 08:36
OB,
Great posts. SP will never be 20p if we get a deal no matter how bad the deal is. For me no less than 50p if we get a deal but more likely to 100p plus region. Think about it 20p is market cap 11 million odd. Even if we get the worst deal in history of drug development even the potential milestone payments and royalties would see us many multiples of 20p. Most drugs do not get funding to progress even getting that would see us past 20p.
A decent deal should see us hit 100p region fairly easily.