There have been a few different valuations thrown around, but one reference has been to the FiftyOne Capital prediction of a $150-$200 mill market cap post positive Phase 2 study which would be a share price of $2.90 to $3.60.(1)
If the reformulation is successful with PK studies and the consequent large Phase 3 registration trial is a success, the valuation may be several-fold higher, especially if the company looks to sell with a pharmaceutical transaction as they've previously indicated.
(1): https://www.livewiremarkets.com/wires/deep-value-positive-catalysts
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8.0¢ |
Change
0.005(6.67%) |
Mkt cap ! $6.012M |
Open | High | Low | Value | Volume |
8.0¢ | 8.3¢ | 8.0¢ | $5.351K | 65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 85643 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.6¢ | 68122 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 85643 | 0.080 |
1 | 6693 | 0.075 |
1 | 22158 | 0.074 |
1 | 84879 | 0.067 |
1 | 100000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.086 | 68122 | 1 |
0.090 | 126146 | 1 |
0.095 | 100000 | 1 |
0.100 | 2750 | 1 |
0.150 | 713 | 1 |
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