By the way, even at 200M shares outstanding 'only' a tiny $1.28B would be $6/share. That's 'only' 12 times the current price.
You have been claiming that the share price and low market cap proves the NWBOs trial has failed. cpxx is just one example of the market giving absurd valuation to companies on the verge of success. There are other examples all the time of unexpected trial success and/or FDA approval and very large gains. In logic, it only takes one example to prove a false proposition false, if you happen to care about logic.
It's a fact that the market priced NWBO for failure because of the financing risk, starting with the financing just below $4 where the shares were almost immediately discounted way below even the fully discounted price (deducting fair value of the warrants from the offering price). The trial didn't take a sudden turn for the worse as you would have it when you claim that the stock price predicts the results of the trial. The pps failure was caused by the presumed withdrawal of continuing funding by NW and the lack of cash just as funding dried up for everybody. It's obvious sophistry to claim that the share price is what it is because the trial is known to be failing. But like the other spin-meisters who claim to have no financial interest but post daily here for months to "protect investors from being fool by longs", your arguments can't be bothered too much with the fine point of being logical.
The financial weakness and knowing that NW could not step in with more money after calling for investigation (while he was being widely attacked in the press in the UK for his investment in NWBO), gave shorts plenty of cover for selling and selling the price down even well below the discounted offering price. At $3 and above it was a very safe bet for them and turned out to be quite lucrative. Now that it's been repriced radically, at the current price the rewards for longs are huge if the trial actually is alive and well. Your continuing to sing exactly the same angry negative tune even as the R/R profile has changed dramatically demonstrates to me an inability to shift gears mentally.
But unless somebody strongly believes the trial is going to complete more or less on time per original schedule and/or that NWBO is involved in some kind of accelerated approval process, then new investors clearly would have zero reason to buy the stock here, seeing the need for continuing cash infusions which is quite obvious to everybody. In spite of how obvious this is, you seem to believe that without your help many investors are in danger of falling prey to the enthusiasm and determination of the longs. That seems absurdly unlikely to me, but believe whatever you want.
