Save the posts about past management and undelivered promises. From what I have seen of many others variously valued at 150-250m this stock could easily be valued at 50-100m today based on the IP.
It is a difficult science to understand (I barely grasp it but people I have asked about it get it) but the payoff if they 'drill the right hole' is pretty impressive. We got a hint of the potential in the previous deals announced but fell by the wayside.
The Genetech tie up is far more significant IMHO but I do understand that this is just a forgotten stock. One day it might trade 3-5c and even as high as 10c based on some fairly innocent progress because there is value being built behind the scenes.
i have had a few interactions with RH now and find he is progressing quickly on the commercial side which is encouraging in a CEO.
it has that feeling like it is about to settle into a 2-4c range again soon but not sure what gets it there other than a lack of sellers and a few buyers picking up on the Genetech and IP protection of late.
the way I think of it is that it is a 5% chance it's worth a billion, a 10% chance it's worth 500m and an 85% chance it's worth 10m.
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