RE: Finncap Research Notes - March 202121 Apr 2021 19:06
Per Finncap March 21 Notes - "4basebio is at the beginning of its valuation journey, and we believe it is
too early to provide a meaningful target price/valuation for the company. There are a
number of comparable companies, albeit more advanced, which provide an indication
of the potential future value. Based on these and discounting back to the present day,
it is possible to envisage the value of its technology rising to c.£75-100m in the near
term (GMP-grade DNA), which compares with its current EV of £26m."