My target whenever I make a fresh investment like in ATX is 10X, given I am new entrant here, 10X from here, approx $500Mn market cap is my target. The reasoning is by then all the milestones between now and then will be delivered. I am betting on our drug continuing to deliver by making the cancer (scar tissue) sensitive to SOC in this hard to treat cancer is huge. Ovarian Cancer (OC) is aptly the next target - I read some material somewhere which showed this issue actually being a better target in OC, so I am hopeful of more positive news there.
Obviously funding needs to happen to fund the US trials and other activities but that is par for the course.
No advice. DYOR.
ATX Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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