TSXV:CLAS.H - Post by User
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WORKINMONTANAon Feb 28, 2019 6:54pm
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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Next few weeks....
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Next few weeks....This is an extremely good break down of the failure rate compared to the further SP potential. I don’t quite understand why senior investors (market makers) are not biting yet. I heard some street blokes say $KALY is a shot in the dark still. IMO it’s like finding one of the Wonka Bar Golden tickets. Jack4000 wrote: Middle of pahse 2 between a and b the fail rate is 30%.
Once you hit phase three, the cost of testing and administrating skyrockets but the chance of failure goes down to 10%.
Price of stock now, is 7 cents with the company faing a 30% fail rate thus, you are looking at a $2.50 stock in two years with a 70% chance of achieving it.
So, your payoff - IF you had ten stocks with identical odds and prices would average out to be 70% of $2.50 which is $1.75
And, glad you liked the $2.50. it goes up $2 per year until 2029 accoding to the market report they put out a couple years ago. Which is why to me, dillution doesn't mean squat as I optimitiscly (but well within the market report's parameters) peg the SP in 2029 at $14 or up.