In reality - so the approval to start the trial is announced - great - what next?
1. When will be 1st dosing? 2. What is the timeline that co announces as primary completion date on trial details? It will not be before Q2-2020 at the minimum 3. What is the funding model and how much dilution will come?
Once you answer the questions- many investors will be - OK see you after 1 1/2 years and we will get opportunity to buy the shares at same price.
So unless company announces a partnership, SP will stay below $5 for long time