Sunday, March 05, 2017 9:16:58 AM
I personally like the new bought deal as no small microcap bio can ever have enough cash.
Using a fully diluted 67 million shares just $1.00 seems very cheap as a price target for 2017, looking forward 1.50 to 2.00 could be achievable 2018 if all works as designed nothing regarding their pipeline, thats pretty much all free.
Lastly the risk reward looks pretty safe downside maybe 15% just in market sentiment and upside 500% not to shabby..
Thanks to all the info posted.
WSP
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