RE: This21 Mar 2017 17:32
ethical 20 million Americans suffer from GI irritation, and cannot take many NSAID's.
Even if only half that affected population use this, only 3 times a year, and its $1 per time, that is $30 mil, aka the mcap of this company.
The reality is this will make revenue of a few hundred million $ a year easily at commercial scale.
GWP was worth £2.5 billion and isnt even commercial yet!.
I think you seriously underestimate how much pharma is worth.
50p options is an mcap of £650 million which is very low for pharma.
Now, this is obviously near/at commercialisation.
However 20p ( £150 mil ) on approval and commercial partnerships being formed isnt that crazy.
This was at 13p pre dilution at an mcap of 170 mil 2 years ago on the hope of finding a comm partner.
Please take your mining stock mentality and leave if you dont know the basics of pharma mcap capabilities.