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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by DamnYankeeson Mar 03, 2015 2:21pm
160 Views
Post# 23484841

RE:RE:RE:RE:Why is the stock so low?

RE:RE:RE:RE:Why is the stock so low?
I thought that I had read, maybe not. Sorry about that. Nonetheless lets proceed to reason #2 to justify the valuation - The SP is about 8% of its actual valuation because all the Canadian owners are just so overloaded they can't buy anymore. That happens all the time with submission stage cancer treatments. So to overcome this what they should do is tell shareholders that 29 cents is cool for now and we'll get around to that business of shareholder value after we submit for BLA approval. It is amazing how common this situation is. And that whole analyst thing went sideways? In the meantime we'll bang out a couple million more options but we'll do it at 40 cents. That is only 11% of the real value of the company but the knuckle draggers will see us rewarding ourselves as a bullish sign. Although they can't buy anymore because they are tapped out. And we march on.
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