it is natural for people here to take a low key approach to positive results but the simple fact is both 1801 and 1503 are yet to be priced into the MC.
Prior to acne results price was 24c, positive 1503 results would have seen the SP to at least 50 .... then unfortunately the biggest con in biotech history occurred as the market punished a botched US result instead of rewarding a successful Aussie result????? Go figure.
A successful 2a for 1801, would IMO de risk the company and price in both 1801 and 1503 trial results thus far ... therefore my settle price of 50-70c post positive 1801 results.
Saying that .... who the hell knows wha5 the market will do. It seems to want to punish this stock rather than reward it .... even though the science is there for anyone who wants to do some research!
33c share price target by July 2021, page-246
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