RE:4 Quarter Trends in Absorica and Absorica + When I look over all of this, I see Q4 being about the same level it was in Q4 of 2020 which is $6 million US.
In addition, leasing its office space ( which cost us for inducement $2.2 million in Q3 ) will begin to decrease operating costs in Q4 and going forward.
I expect about 1.5 cent per quarter gain in EPS due to this factor.
Once again, we saw knee jerk over selling in Q3.
Cash levels will also increase substantially in Q4 to nearly $1 per share.
At some point, one of two moves will be made by Mull.
Either we use the cash hoard to acquire or we will be sold.
Either way, those who buy now will be astute winners..