If I remember correctly, last year someone has asked the management about potential T/O. The reply is $1 seems like a fair value by then. That is when they have not started recruitment and the 3 top hospitals has not been on board.
This all comes to the next couple of weeks. If the result is good, we will fly. However, like I have said in my post a while ago, it is very unlikely that we will see RAP achieve its full potential. I believe that a T/O in inevitable. No matter we as retailer holders like it or not.
I do not know about others but my bottom line is $3 based on 80% accuracy in US trial result.
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