Hi NZ,
I agree with everything you said. If phase 2 is successful and we move into human trials with similar results, PAA will become a long term royalties paying hold. The only other possible outcome is a takeover by a big Pharma company, and they would need to pay a serious amount of money to get control from a small ownership base.
I have stopped trying to do evaluations because every-time I do, I sit there looking at it and thinking naw it couldn't be. We are looking at a possible disrupter here, phase 2 success in Humans may not even be the end of the story.
I'm holding tight, 22c will only be a start.
All the best
Pete
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