Valuation of TSTSince some of you brought back the Topic of Heat Biologics let do a comparaison with TST
According to Nasdaq, Heat book value is less than 2,5MIl. For that reason Nasquaq file them with a notice of delisting. If Heat doesnt raise money quick they could go bankrupt. But still, Heat market cap (a phase II company) is about 6MIL , much more than book value
TST is a phase III with a realistic path forward with FDA and enouht funds to reassure any shareholder (exepect Anonymous who fell compell to sell all its share within a few days at very low price). But yet, TST is valued at little more than half book value.
I think that says it all