research reports and media, page-2983

Yes, in my mind I say it is 4-5 years to get to market from here. So I am thinking 2026 at a minimum. If I set my expectations low/realistic, then when we have the invariable delay or setback, it doesn't affect me as much.

Of course we could have AA or another left-field announcement like a take-over but I don't rely on that.

I find it also helpful to look at CSL's share price graph since listing. From the IPO in 1994, $10k has turned into $4.0mn according to Motley Fool.

However you can clearly see periods like 2007-2012 where the share price did nothing for those 5 years. It also dropped about 75% in the early 2000's growth market shake-out, very similar to what is happening to unproven growth companies presently.