RE: Silly question - please no silly answers21 Jan 2022 13:47
puggle, great friday question. Interesting to see other peoples thoughts. Snaps for Puggle !
my humble thoughts (yes I said humble).
I think valuation will change over time and depend on how many candidates for end product/cancers targeted and how they get thru trials. AVA6K is interesting thou, does the fact iDox is already our there change the valuation path. I am hoping it does.
2 year time frame 1B+, 4 year 4-6B+
Avacta also have a second/third Tx string to their bow of artificial antibody like action/interfering with how cancer cell hide from immune system. This will hopefully buffer bad news a bit, although given decline from 280, maybe not. They also have a bunch of partners working on solutions too, but they too may be a long time coming to market. Too little info to make strong case for higher SP than is there today, bad news from partner could be a kick in the nadgers, and a buying opportunity for case above.
so for TX, PL might be buying a massive ocean going yacht in 2024, he's promised us all a go, or it might be a quick trip in a park row boat with some Super Strength before joining Mr R down an alley for the night shift end of 2022.
https://www.cancerresearchuk.org/about-cancer/find-a-clinical-trial/what-clinical-trials-are/phases-of-clinical-trials#:~:text=There%20are%203%20main%20phases,Some%20trials%20are%20randomised.
Hang about here, chew the fat, react only to real news, ignore everyone, try to annoy Marik and his alter egos.
for my own evaluation I consider Dx to be near 0. Not because of the tech but because the company has had over a decade to make some proper money and has failed despite a global testing crisis. It implies an inability to run a DX business. Doesn't make them bad, people, doesn't mean they don't work hard. Doesn't make me a bad person for having a different risk profile to DX then someone else. Be interesting if anyone here for short term DX gain (might happen, good luck if you are here for that, bigger spherical body parts than I have)
good question, insert thumb up emoji.