GREY:SIXWF - Post by User
Post by
Tony001on Mar 29, 2021 9:38am
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Post# 32897441
Good thoughts
Good thoughts Good thoughts, although 100$ for a mask seems much too high to me. I think the pricing will be more in the region of $10, where SIXW could still make a huge profit.
Regarding valuation, there is a company in Switzerland, Relief Therapeutics, that has a drug in the pipeline that can be used to treat severe covid symptoms. However, it is highly uncertain whether the drug will ever be put to market. Moreover, the benefits of such a drug are very limited. The pre-Covid valuation was in the range of USD 10 million. Today, the valuation is just under one billion USD. Is SIXW worth as much or even more? Perhaps. Is SIXW worth more than today's valuation suggests? Without a doubt.