Jun. 29 at 5:53 PM
$LEXX The market will churn until datasets come out July, August, and September, and then if data hits, we could go into a licensing bidding war. If we strike a
$10–20M upfront payment with
$100M+ in potential backend milestones and tiered royalties, then the re-rate could be a massive jump from our current
$13.5M market cap straight to a
$100M+ valuation, launching the share price from
$0.54 into a stable
$4.00 to
$6.00 range overnight.
Warrants cash in, treasury is full, short thesis evaporates, RS off the table.
First data set is due out in the next 20 trading…
