EMD value by the end of the June 2023?, page-2

I'll have a go and be happy with egg all over my face July 2023 when I am way off.

I think we will see EMD reach $0.475 by June 30 2023.

That's roughly a 90% increase over the next 8 months or so.

I think it does this because:
- The growing awareness around mental health and it's impact on society
- World is more aware of MDMA and cannabinoids
- World is increasingly aware of how these drugs can change lives
- EMD has arguably the best research in the world for these drugs

I think an increase of 90% or so would be an incredible result.

The reasons I think not higher is that:
- Positive stage 3 announcement will push share price up but hard to get the FDA and TGA approvals
- Tightly held share, with plenty expecting more (rightly so)
- Hard to push through and stay above that $0.50 barrier

I know nothing but it's fun to have a guess.