RE: 5000 Vials initial valuation at least 4 million pounds.5 Jan 2025 13:20
did a back of a *** packet future valuation and actually even using the full diluted value of the warrants, it is many multiples of where we are now.
just with cash now, lab and no value for ip is 1.5p per share.
then add in the ip - £2.2mn upfront cash from (plus backdated fees) thx would be another 0.5p, the equity stake and whole deal for 201 with milestone payments is 12p per share, each further indication at 33mn is worth is 5.5p.
then we have clx assuming shard average upfront equity and cash of 44mn is 7p per share and this worked out at full dilution.
401 at 16mn is 2.5p per share.
plus dundee, imperial, and stingray?
lab revenue of say an eventual £500k pa at a conservative pe multiple of 10 is worth 1p a share minimum.
you can see why was me was happy to commit large when uou see the sum of the parts.
gla