Perhaps, but GTCB's price hasn't followed much logic. If you have noticed price has drifted down. I am basing my price on a rough guess of a mkt cap of 115 million and 109 million shares (provided by dew). So actually I did low ball a little bit, maybe the price will be maybe around 1.05. I think currently that is what the market will value it by jan 01 with nother news by then.
The part we can agree on is that it is way undervalued. I think in 5 to 10 years GTCB will be worth around 8-10 dollars if Atryn does well, they make good strides with LFB and get a few more productions deals. I also expect better financing deals in the future.
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