I tend to agree. 18-24 months for the trial which might start in 8 and then add another year for ramping up sales. But even so, discounting future earning streams over time is a done thing, its the certainty factor that needs to go up to where it should be as a pe of 20 on almost a billion in profits will see our mcap way past a few billion in a few years. If we take the same trajectory as last year we will match 5.5 cap raise to 17 with 17 to 51c approx. I bought on market at 16 and then also took up all my allocation as I could not find a single stock in my portfolio that has that sort of trajectory .
PYC Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
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