RE: Bouncebackability27 Oct 2020 15:17
GDR have a product, and a market cap of £60m.
NCYT too have a product, and a marker cap of £800m.
The difference between the two companies is that NCYT, as first movers, have sales orders.
I assume investors in GDR think GDR too will soon have confirmed orders. If that happens then then share price will go up accordingly. Even if GDR market cap is half of NCYT that would make SP around £6.
What is reassuring is that the current share price doesn’t have sales orders already priced in.