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Bullboard - Stock Discussion Forum Sirona Biochem Corp V.SBM

Alternate Symbol(s):  SRBCF

Sirona Biochem Corp. is a cosmetic ingredient and drug discovery company with proprietary platform developed at its laboratory facility in France. Through its wholly owned subsidiary TFChem S.A.R.L., the Company specializes in stabilizing carbohydrate molecules. The principal activities of the Company include development of cosmetic and pharmaceutical active ingredients. TFChem develops and... see more

TSXV:SBM - Post Discussion

Sirona Biochem Corp > Place your bets, boys and girls
View:
Post by tylerreddick on Jun 07, 2024 11:54am

Place your bets, boys and girls

this will either be heroes or zeros. But really, although there is all kinds of unresolved risk here, the potential is to make a lot of coin (if things work out).

Looks like anyone could accumulate a fair position at 5 cents. So just say you put doen soem play money, lets say $10,000, which would buy 200,000 shares. Then, lets assume that AbbVie comes through and we find a partner for our anti age products. Yes, I know that might seem like fantasy land, but humor me.

So you have 200,000 shares. Now we have seen some dilution, and whoever buys into the anti-aging stuff will want a big cut of that, so both will limit how far the share price can go. But, if both happen, we could still easily surpass the old highs, as we will finally be a revenue generating business.

So, just for fun, lets say the share price goes back to 60 cents. Your 200,000 shares are now worth $120,000, on a $10,000 investment.

The risk is that nothing happens, and the share price drifts down to 3 cents or so.

So, IMO, the reward/risk ratio is 22, a potential gain of $110,000 vs a potential loss of $5,000.
Those are the kinds of odds I like, even if watching the share price go nowhere drives people insane. JMO
Comment by tylerreddick on Jun 07, 2024 1:20pm
To go even more into fantasy land, just imagine, down the road a few years, if after SBM starts generating revenue, that allows them to produce more products. Just imagine if the dreams of the craziest pumpers come true, and the share price went into the dollars. Yes, that is crazy talk, but I have seen it happen before. So I have socked my shares away into my TFSAs, where I won't be tempted ...more  
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