RE: PHE valuation?12 Dec 2019 23:36
Yellowfin yes indeed but the current situation is PHE are trying to get to that precious point of proving ( or otherwise) if it is commercially viable with this first Protos installation. If it doesn’t work out then shares are worth nothing. It it does then value should increase and then maybe a takeover possibility arises.
The downwards trend in sp as the time to prove gets nearer is something we can only speculate about, but without any statement of progress or business update via an RNS, I speculate the drop may well continue.