I understand your concerns and frankly in the short term agree with what you are saying.
Currently with $14m in sales add the Barda contract of $7.5M so it may be $22M and growing. With a market cap of $3B it seems very overvalued.
But with a totally addressable market of $2B or more maybe, maybe not. Depends on how long the market takes to develop and what the overall market does in the mean time. The current market seems very much like 1999 with many companies wildly overvalued.
I think RCEL is still off the radar of many in the investment community. Then their is the reverse split and the stock trading on the Aussie exchange and in the US. Reverse splits as you mentioned many times go directly back to where they started.
After looking at the investor presentation my question is when and how long will it take to develop the rejuvenation market?
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