RE: RE: RE: Silver Pea...It means that the share price trades at 1 x revenue, with no value recognized for Urocidin, Econiche or the VMC.
It means that the current regime can't even get a multiple recognized for recurring revenue let alone get a penny of value built in for the 200,000,000 spend on Urocidin, Econiche and the VMC. It means that the market couldn't care less. As a matter of haft they don't pay enough attention to even decide that they don't care.
It means that the company has to borrow at 13% and try and sell it as a good deal. It means that all staff have jobs for life, as in any other crown corporation. It means that you are invested in the most laughable biotech in North America.
Silverlaugh , have I missed anything?
I have no idea who GW are, beyond them telling me over and over that they are former Biovail execs, but could the squirrel that eats from your bird feeder do worse? Could any mammal do worse. This is a pathetic, ongoing performance for a public company