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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 ragingbull1327on Jun 04, 2015 5:17pm
119 Views
Post# 23798490

RE:FDA approval numbers.

RE:FDA approval numbers. Most people should realize that $1 per share = roughly $170 million, which represents a value of neither here nor there.   So a guess of $1 is as arbitrary as a stock price of $100.    It's meaningless.   I think your $3 target is also low, unless they offer 100 million new shares to the market.  they discover this treatment, fight like H to get it approved, will do 700+ mil MINIMUM annually, and want to sell for under $500 mil?    No wonder we don't have a partner if this is the case.   They either wouldn't believe the potential of MCNA, or they'd think we were all crazy for just dumping it.    What's the alternative?   Oh yeah.    That's right.    NOTHING
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