What its worth/ What it takesActually the market, on the canadian side, (cannabis apart) is having a difficult year. A lot more questions about a slump, the general conditions around the world seems to suggest that its coming soon, others are saying yes, "but not this year...".
For TH/THERF, that means a lot. People who bought the shares at 2$ - 3$......a couple of years ago are having the reflection: "So the profit his there on my side; the company accumulates good news, but the market gives the opposite response, and some other sectors perform better". What would you do ? And in Canada, yesterday, a company like PLI was literaly killed in refinancing, after a desaster in the last two years......
What is TH/THERF worth ? 7,50$ C. ? 10$ C ?
What will it take to attract buyers ? And to bring the value back to 1B$C ?
1. A continuous trend in sales of trogarzo (30% and more quarter after quarter);
2. A good bump in sales for EGRIFTA since the news about NASH;
3. Approval in EUROPE in may for TROGARZO;
4. Good detailed explanation of the full study from Grinspoon (NASH-EGRIFTA);
5. In June, (AND NOT AFTER !!!!), or before, a clear pathway from the company about WHAT EXACTLY THEY WILL SUBMIT TO FDA and regulation in EUROPE about EGRIFTA;
6. JULY: A REAL and GOOD profit in july (second quarter) that beats expectations of the market.
If all this occurs, than TH\THERF will look behind at the 52 year low that we are actually embracing.......
FTV.