Cash runway for 12 months with 4 x Phase 2 trials to be completed during that time. Chances are high that they'll get good results along the way. SNT-5505 Phase 2A has already showed promise.
If only 1 of their 4 Phase 2 trials shows promising results, particularly SNT-5505, you're looking at a share price in double-digit cents. That's a minimum of 10c - that's a 300% increase on return from here. Fair enough if you can get better returns than that in 6 months time, but I'm thinking SNT is about as promising as it gets.
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