GREY:ATBPF - Post by User
Comment by
Bobwinson Mar 20, 2018 12:04pm
220 Views
Post# 27746899
RE:RE:RE:NO PP IS COMING. THE COMPANY IS NOW FOR SALE
RE:RE:RE:NO PP IS COMING. THE COMPANY IS NOW FOR SALEWhat would happen if they get a royalty deal and wait for actual sales.
12% royalty on 1 billion in annual sales=$120million/yr in revs
Unlike most operating companies, the royalty income would mostly drop to the bottom line because there would be no sales staff, no big administration. So what would you pay for a company generating $100 million/yr in net profits? Divided by 260million shares= US$.38/share
Say $3.80-5.00. X 260million shares = US$988million to 1.3 billion.potential market cap in a few years.
I say hold for the royalties and the cushy ride. Also proving up the Hydrogen sulfide thesis means ATB=352 looks a LOT more promising and those royalties will pay for getting ATB-352 thru the trials without any more dilution.
Why sell for C$200 million when US$1 billion is 3 years down the road plus whatever ATB-352 is worth by then.