RE:Derisked?Keep an eye on the big picture. Are you buying the company for the base business alone, discounting that every PGX initiative will be a flop?
When Gilles says the company is de-risked, he means the base business (growing at 10% annually) through it's cash flow and profits has been able to support the cost of R&D without equity raises and diluting the share price or going bankrupt if unable to raise funds.
For now, modest revenue growth comes from the commodity type base business sales of AV and BG in its current form. Real breakthrough revenue growth comes from the large markets that PGX technology could be used for.
Alex1726 wrote: Not at all , all sales comes from ONE customer. J&J so do not tell me there is no risk.