Please do your own research and don't treat this as advice, however please note this drug has received a blockbuster status.
Blockbuster status is defined as a drug that has a mass market appeal and that could earn over $1bn in sales p.a.
This is no small feat, so Eweezy I think you are wrong in that should it pass this phase 2b trial, the stock should go up a lot more.
If it fails, then yes it will plummet but based on real word evidence from TGA patients, this seems like a slim chance of failure.
Fifty One Capital updated report, page-66
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