GREY:IPHAF - Post by User
Comment by
rfk67on Apr 24, 2008 2:10am
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Post# 15003985
RE: almost may....results due soon....
RE: almost may....results due soon....I remember the Biomira romp to over $30 very well because two of my best school buddies worked there and were reaping in the profits as I sat by on the sidelines and made nothing. They didn't sell anywhere near the top though and ended up fumbling away most of their gains by being in love with the stock. Those were different times though and I can also remember ISA trading at over $4 (I think) on rabbit data way back when.
Your valuation calculations seem reasonable, though I think the revenues will climb more slowly, but I'm thinking they get taken out before they ever see a royalty payment and I think we're going to be disappointed at the price it gets done at. No evidence just a guess.