Yes, I’ve figured RVX should have a market cap of $1-1.5 Billion Canadian prior to topline. Hopefully, I am conservative.
The stock has been suppressed in the past due to naked shorting and financing concerns (likely tied together).
With finances now minimally in place to make it to top line readout, RVX is now being allowed to trade up to an appropriate valuation.
Watching the stock today, I noted that price movements seemed to be dictated by US trading. Interesting.....
bfw