Back in 2010 when Regenicin announced the deal with Lonza the stock was at $2.20 and a market cap of $185K. Since then there is DoD backing, ODD, IND, Phase 2 trial starting, other orphans, potential PRV(s) valued at $300M each, etc.
Additionally, an award from ASPR or purchase by BARDA down the road would send this through the roof where it would be too late to get in. GC mentioned on the call they presented in May and will come back next month with more data.