We won't know that for a while; for now, AQB's main hurdle is launching the product when the first cohort of post-approval fish are large enough to be processed.
The valuation is relatively low for several reasons, including the one you mentioned. However, the business is strongly thematic for this message board. The immense success of MHG is an indication of what might be possible, in due course.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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