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 ---
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33.5¢ |
Change
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Mkt cap ! $486.6M |
Open | High | Low | Value | Volume |
32.5¢ | 33.5¢ | 32.0¢ | $584.2K | 1.787M |
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No. | Vol. | Price($) |
---|---|---|
3 | 311433 | 33.0¢ |
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Price($) | Vol. | No. |
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33.5¢ | 113721 | 6 |
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No. | Vol. | Price($) |
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3 | 311433 | 0.330 |
3 | 89973 | 0.325 |
10 | 137686 | 0.320 |
5 | 75745 | 0.315 |
5 | 99268 | 0.310 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 113721 | 6 |
0.340 | 1320656 | 5 |
0.345 | 94973 | 3 |
0.350 | 509080 | 5 |
0.355 | 40082 | 2 |
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