No reason it couldn't go well over $1 SP on good Covid Trial results.
We know BIT went from 1.7 cents to 44.5 cents
26.17 bagging in 15 Trading Days in 2018,
On far lesser news than what we are expecting with these multiple Phase II Trial results.
So really something like 20x plus does seem possible.
If it 26 Bagged again on this far more important news,
something like $2.60 seems possible.
With Covid also having CTAP available which can get new treatments out in under 1 year,
If this was approved at the same time it could go even higher.
Something like $5-$10 could be a possibility.
Being a tablet/capsule it should be quite cost effective to manufacture,
They mentioned having Kilograms of BIT 225 already.
BIT has an excellent shelf life,
Lasting 7 years or more with no degradation.
This makes storage and Transport cost effective as well.
It does not need special refrigeration etc.
So really in less than a Year whoever buys/partners with/licenses BIT,
Could already be selling the product to the masses,
At that point $100 Billion plus Valuations are possible,
So something like $100+ a share.
So what would a company pay if results are good,
And they pretty much know they will have a valuation of $100 Billion plus in less than 12 months?
$20 - $50 Billion?
That's a lot of potential profit for someone who want's to buy out BIT,
in less than a Year !!!!
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