Absolutely spot on!!
I posted about this some time ago as per the information below:
Pre PMS= $17
Post PMS= $21
Pre PH(midyear which includes 2 further quarters of revenue growth) = $23
Post PH= $27
Pre AM(midyear which includes 2 further quarters of revenue growth) = $27
Post AM= $35
At this point I am beginning to apply a significant multiplier effect given the 3 previous successful P2 trials
Pre PW(End of year which includes 2 further quarters of revenue growth) - $40
Post PW- $50
It appears I was wrong on the downside following PMS and we have reached much higher ($25).
Good financials next week will push us back to $25 in my view and we will hover until late April or early May, at which point we will have another quarter of revenue and Pitt Hopkins results. I think once we get to post Angelamn (presuming they are all positive) then I think we will see significant uplift and we will end up pushing past $50 post Prader Willi - I think we will edge closer to $60.
Why on earth would anyone in management sign off on $40 now when we will easily and organically get there by July - in my opinion.
Makes no sense to me.
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