Mar. 11 at 7:46 PM
$BCTX 10Q came out last night.
$30M in cash in Jan.
$7.5M cash burn per quarter means that they now have a cash runway to last until 2027 Jan. Still targeting H1 readout. Current market cap is
$30M (so same as cash position). They've spent around
$200M getting to this point, so even if the share price just rises enough to represent everything the company has spent developing their products, you're looking at a SP of
$28. So, for me, my target with positive news on H1 readout would be
$28. Welcome thoughts from brighter folks on this board.....