RE: I'm understanding that its bloody AMAZING17 Oct 2021 04:30
@DarthInvestor
Get those quills at the ready and down to the Avon, you know you want to... not many fishing days left in the season.
Share Price will take care of itself, this is going one way now, not necessarily in a straight line and it wont happen all in one day, this is a journey we are on now but trajectory is far north from here as i see it.
We closed Friday at the £ 26 m mcap level, so we are barely close to HALF the peer average here. Investors should DYOR and work out what they think fair value is compared to other Biotech's but I'm putting fair value with the first deal behind us north of £65 m market cap £ 1 share price, give or take, depending on terms.
Once we know the exact terms we can then gauge probably what the next two deals might look like, then of course its down to what new projects they add to the stable to bolster the future pipeline but i see no reason why we can't be pushing a £95m market cap so about £ 1.50 by end of Q1 2022 - That's my own personal calculation and others will have different views but one thing is certain, we are looking at a materially higher SP to where we are now as i see it.
So i think its a no brainer buying at these levels but look into it, look at the deals in the market and run your own slide rule over the sums but its looking fairly good odds if you ask me.
Here's to a cracking good week
Pork's