RE: Afternoon all ..18 Feb 2021 17:43
Moonparty,
"It's hard to justify a market cap below £1 Billion."
Just thinking about your comment, I agree it would be.
The Covid vaccine market is estimated to be worth $10B annually.
If Scancell were to get a vaccine approved, managed just 5% of the market and got paid a 17.5% royalty by whoever takes it on, the Mcap value for Covidity ALONE would be £562B (equal to 57p per share)
But in Scancell's portfolio, Covid represents only the third highest potential market, one being NSCLC and two being Moditope (all modi 1 targets combined) So you could buy up to 50p and get all that thrown in for free!