yes
as we now on the cusp of entering phase 11
i see this replicating the path of neu
except with multiple times potential revenue prospects, as a result of much deeper need in patient population with added on wider applications across medical needs
latest broker reports for neu anticipate fair value price target of around $10
with similar amount of shares on issue i cant see why recce couldnt indeed exceed such value expectations
given other similar precedents seen recently on little researched emerging biotechs a forecast valuation along those lines could clearly emerge
neu with limited applications was priced around a dollar a year or so ago now what 5.78 with targets of $10
recce seems a really good investment to me at this sub 1$ level with little downside
if as expected now phase 1 tox human trials wrap up by end august and phase 11 schedules announced accordingly
i think we will start to see a substantial gathering of interest and subsequent rerating
have a peek at nsu
just say later i told ya so !
thanks for reading
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Mkt cap ! $86.51M |
Open | High | Low | Value | Volume |
29.0¢ | 30.0¢ | 29.0¢ | $37.22K | 127.6K |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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3 | 88074 | 0.290 |
2 | 135000 | 0.285 |
6 | 68089 | 0.280 |
2 | 30909 | 0.275 |
Price($) | Vol. | No. |
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0.300 | 17050 | 2 |
0.330 | 114230 | 1 |
0.340 | 24538 | 1 |
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