Gassed
Please read the announcements. The Sp is not based on hope but facts about how PAT-DX1 cures cancer. If the cure was confirmed the SP would be in many billions. Before every discovery is confirmed there is uncertainty. Thats how all major drugs are established and they go on to make billions. Market Cap of $200m for this stage of development would not be unreasonable given the blockbuster potential and consistent results showing cance cure. Going by your logic all biotechs should be valued at cash held price.
If you dont like risk please invest in an established defensive stock. Biotech investors are here to take risks and make multibagger money. Looks like you hold a very small parcel.
Brainy
PAB Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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