Although I believe we will be well north of 10c at some point, I'm taking a medium term view for achieving these levels. It all depends how the market digests each milestone, and sometimes it's not straight forward. It's sometimes hard to place a future value on these smallcap bios. If you take ISN out if the equation and see what some other companies with revenue are valued at you get some perspective. Take CDY for example, I thought I had missed my opportunity to buy when it spiked to 5c. And I keep seeing opps to buy as it keeps dropping back even after good progress and great announcements. I think it may be difficult for us to sustain a MC equal to CDYs (and others similar) until the launch anyway and we see what the uptake is like. But I'd love to see 10c if mr market wants to oblige!
CGP Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held