Its hard to put a price on CDY at the moment. 10c would see a market cap at $35m... which would still be very very cheap.
Given the upside, we could see a cap around $100m, which could see it at 30c. Its really hard to know. The upside is almost limitless, and depends on if/when/how sales start to ramp.
Wise owl struggled to put a value on it as the potential upside is very large. It will be interesting to see if Wise Owl put out an updated broker report.
The cancer testing market would be massive, and if this was a US based company we would already have a market cap of many many times the current one.
It will be interesting to see where this ends up. More unknowns than knowns at the moment.
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