Another way of looking at this: Forgetting for the moment the $US/$AU differential...
DNDN Market cap is $5.9bill PRR Market Cap is $284m
Effectively, the market is currently applying a comparative discount ratio of approx 95% to the two. Call this "risk factoring" if you like.
That gap will close as each and every milestone is reached along the commercialisation path.
With so many potential positives over the near and medium term and a strong scientific and management team, that's a bet I'm more than willing to take.
But then I'm in this for a long term (2-3 year) investment, others may have different strategies, which is OK too.
PRR Price at posting:
25.0¢ Sentiment: None Disclosure: Held
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