Ann: Global Phase 3 Trial of Presendin to Launch in Q4 2021, page-152

my brain deals in market caps, and for a phase 3 indication I would have thought north of $200M as a starting point.

that is a four times uplift from here for a start. I kind of think it will be there within 12-18 months but could easily run earlier as it really comes down to where the herd is looking (unfortunately).

I have a decent position and want to add more, but waiting for some capital to free up elsewhere first... for me if I think there is a chance of going up five times within two years then it's a no brainer and I don't need to try and time it. as long as they don't go nuts at some point and double or triple the share registry at these low levels.