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The market is all about potential. The current market cap is...

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27/05/21

10:05

Post #: 53448392
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Originally posted by danhuthy: ↑

I think that the achievement of successful trials was already priced in when the stock was 20-25c. This stock is super
hyped, so is very prone to over valuations and being oversold (I think around 12-13c is the current fair value until any results come). Good trial results can see this testing 30c, great results mabye 40-50 if lucky. Don’t forget that the market is now awake to the management shortcomings of ibx too.

What valuation did I use? Observing how the market has responded to ibx in the past; and how it may in the future (purely IMHO). Keep in mind that it already has quite a large market cap and is extremely hyped stock, so a degree of success is already priced into the current sp.

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The market is all about potential. The current market cap is tiny. Very little has been priced in. If this was an oil stock we would be around the $500 million mark on potential alone considering our current position (FDA, Partnership with Siemens, Previous Testing on Animals, Many years of research to get to this point). Fingers crossed the trial goes smoothly from here.

IBX Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
22 Upvote

2 Great analysis

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