Post by
Xiawen13 on Mar 19, 2016 10:21am
Valuation of TST
Since 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
Comment by
birdie22 on Mar 19, 2016 11:18am
I don`t own it but at the moment it is still rated a buy ,and TST is not rated on the Nasdaq site. Analyst Firms Making Recommendations CANTOR FITZGERA H C WAINWRIGHT NOBLE FINANCIAL Read more: https://www.nasdaq.com/symbol/htbx/recommendations#ixzz43MVgKdAe