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Sona Nanotech Inc C.SONA

Alternate Symbol(s):  SNANF

Sona Nanotech Inc. is a nanotechnology life sciences company that has developed multiple methods for the manufacturing of various types of gold nanoparticles. The Company is engaged in the research and development of its technology for use in multiplex diagnostic testing platforms and biomedical applications. Its gold nanotechnologies are adapted for use in applications, as a safe and delivery system for multiple medical treatments, for the approval of various regulatory boards, including Health Canada and the Food and Drug administration (FDA). Its gold nanorod particles are manufactured without the use of CTAB (cetyltrimethylammonium), eliminating the toxicity risks associated with the use of other gold nanorod technologies in medical applications. The Company leverages its core proprietary gold nanorod (GNR) manufacturing technology and laboratory assets to focus on the development of diagnostic tests and biologic reagents, and the advancement of its GNR intellectual property.


CSE:SONA - Post by User

Comment by Moemoney42on Jul 20, 2020 11:56pm
130 Views
Post# 31294205

RE:RE:RE:Quick SONA projection

RE:RE:RE:Quick SONA projection
Aarman4 wrote:
Although you're post, numbers, and projections look nice and pretty you're forgetting the glaring elephant in the room that assumes all the potential coming reports aren't already priced into the stock.. so you're forcast although pretty, should reflect a starting price of ~$3.50 prior to the news that has driven this share spike already... you know.. in the investment world its called "buy the rumour... sell the news"... happens all the time... so who's to say this knowledge of acceptance by the FDA, sales contracts & Nasdaq listings aren't already priced in..?? I'd say they are..!!


Actually, no, that is taken care of already....These projections have a range on the right hand side that corresponds with the P/E based upon the forward earnings being commbined with the 2019 earnings(losses. I am showing that if you feel the appropriate P/E of SONA is 10, then after the revenue from the 3 forward items I mentioned is incorporated, than the share price, at PE of 10, should be reflective of the number on the right hand side chart.

Bash all you want, your employer will be losing their shirt on this one.

Cheers!

All seems relatively rudimental and somewhat accurate assuming the market is predictable that easy... let me put it to you this way... its more accurate at a 10 PE than someone coming on the BB and saying $100/share by the weekend or $1000/sh. real soon... finally some possible rational thought being posted here... cudos to you..! I guess you have every penny invested in SONA with the future so easily predicted and guaranteed.. LOL..
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