That's right ITW - it will be a completely different ball game in 12-18 months when inital Phase III results come in & provided they meet objectives. That is the only point when it becomes highly de-risked & moneys prepared to come to the table. DNDN went 10 fold in days following that being released - which even at PRR's current value would put it above $2.5B - DNDN then doubled from that point over coming weeks which would put PRR at $5B from current level (no forthcoming dilution taken into account).
It's all about patience & people prepared to ride the train. I don't really expect PRR to be sustainably above $1 until those intial results come through - even if its at $1 at the point & following DNDN's multiple rise figures from their the current value would be the same as above, $7.5B spike on the succesful meeting of end points then lifted to $15B over following weeks.
60c-$1 is my guess over the next 12-18 ---
friday here we come - get ready folks!, page-22
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