Post by
james700 on Apr 23, 2024 4:00pm
Price Range
If no approval or bankrupt most likely ZERO.
LET'S face it Theralase currently does not make a profit and has taken on debt. The timeline to get approved is not infinite, as other solutions will come to market.
However, the cancer treatment and the potential anti-microbial benefits of Ruthenium based compounds have a chance to succeed and come to market.
NMIBC treatment might be worth $1B, $2B, $4B or fully valued $8B depending on what stage TLT gets to before striking a deal. The cash burn would suggest that a deal sooner than later is in order. So, I would guess $2B might be more likely than $8B. Unless, there is a bidding war after BTD approval.
Present market cap is only $38M so you just have to do the math.
1,000/38 = 26 times current price.
2,000/38 = 52 times current price
4,000/38 = 104 times current price
8,000/38 = 208 times current price
Comment by
Legit62 on Apr 23, 2024 7:09pm
Very very unlikely scenerio we go bankrupt at this stage with the money Roger has personally invested, my thought is we get BTD announcement at or near AGM, worse case scenerio is we take JV sooner than we want, this stock heading over $10 within short time frame thats how close we are. Too many indications and with upcoming vaccine and other indications it will become bidding buyout
Comment by
menoalittle on Apr 23, 2024 8:43pm
BTD is not going to be the next news announcement that moves this stock significantly higher... but, what do I know...
Comment by
Legit62 on Apr 23, 2024 9:05pm
We become a legitamate player with BTD, from minors to majors but not playoff yet,AA and fda approval will set us free
Comment by
O12009 on Apr 23, 2024 9:33pm
It seems that you are think about something ,maybe you know a little. How about sharing your thoughts.
Comment by
managementfirst on Apr 24, 2024 6:18am
I pray you said come true in time.
Comment by
skys1 on Apr 24, 2024 9:30am
james700 - I don't know where you get your information, but I suggest you find another source. You claim TLT has taken on debt. WRONG, TLT has no debt. NONE as in ZERO DEBT!
Comment by
james700 on Apr 25, 2024 2:33am
I believe they owed $386k in 2022.