I really believe this one is worth well over 20c. My own calcs, which I think are conservative, show something like 25c to 30c. However, those figures are pretty sensitive to the assumptions and it could be anything from a bit less to a lot more. A big if is the fibrosis test they are working on. That in itself could double the results and I have allowed nothing as yet.
If the price gets over 15c I would likely sell 20% at that stage and by 50c I would be down to my last 20%, which I would expect to keep long term.
RHT Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held
