ATLnsider, Thanks for your well reasoned price projection and sharing with us your thinking. Totally agree.
Good timing. I think when the eventual first approval hits and the price jumps 5X or 10X initially, it will be too easy for undisciplined retail investors without a framework and inter-relationship between price, milestone, and timeframe to be "talked" into short term thinking and selling shares way too early. Your framework is a good data point for others to consider.
My only add is for those with even longer investment horizons, there are solid DCVax-Direct prospects and milestones that will fuel substantial upside in the years beyond.