RE: Surely this is going to be a takeover target and soon23 May 2022 18:29
That’s why we’re all here (invested).
As for a valuation, that’s the $64M question!
SP or market cap?
All we can say is “more than the current price” as that’s why we’re here.
Depends on so many factors - now the products fit strategically into a potential aquirer’s portfolio, their risk appetite for early stage products, and so on.
I’d say more that £5 and less than £100 depending on how far down the trials route the company goes before a deal (licensing or t/o) is done!