Who knows whether it will go up today, this week or next month, that is probably not that relevant.
What is important is the quality of their projects and management, and if they can deliver through the various steps of their trials. So far, they are ticking the boxes.
But when you compare them to their peers, there is plenty scope for an increase in the current market cap. Even if you compare VHL's cap of $8 mill to some of the lower priced bios around, as an example PAA 14 mill, PAB $15 mill, then you can see the possibility of this company at least moving in line to those lower priced companies.
Plenty of room for upside in the short term, imo, and 2 cents would bring it up to a similar market cap of those other two I mentioned.
Good luck.
VHL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held