I personally think sybella should be worth more than 25m purely based on a lack of global peers. There are some, but not many. When you can count them on 1 hand, you have something really special.
That being said the market might want more evidence before it takes that view and we might all just be early and exuberant. Poppa highlighted the catalysts recently which may cause the market to reflect that. I think once those hurdles are cleared, a MC in the hundreds of millions is pretty reasonable.
Red Metal Banter, page-378
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11.5¢ |
Change
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Mkt cap ! $34.46M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $41.92K | 380.9K |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 128022 | 11.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 356781 | 2 |
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