TSXV:CLAS.H - Post by User
Comment by
indaknownewfieon May 29, 2019 10:16pm
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Post# 29783717
RE:Undervalued still.
RE:Undervalued still. Thejew wrote: If some one can point me to another bio with a MC of 20M, that is almost done with great phase 2 results I am all ears.
Most bios in phase 2 have at least a MC of 50-100M, not to mention incredible interim results which almost guarantee a great full Phase2 read out. Now that we are fully funded for the rest of trial and more, dilution is over I could see Kaly running back to .30s (even with the new share count). That would be around a 150M MC, which is totally reasonable.
I'm ok with a 500-600% pop (:
Couldn't agree more Nick