RE:Fair Value t
As I recall you always were of the opininion that THTX should be valued at at least 3 times sales..That woukd be about 250 milliuon USD ...Of course the Marathon debt makes the calculations a bit blurry and no value is assigned to the pipeline
Moreover I dont think IQ would have invested 12,5 million USD if the minimum expected return was not much much higher than the current market cap
juniper88 wrote: After the dust has now settled, and with the spirit of looking forwards instead of backwards. Does anyone want to take a stab at what ought to be the fair value of THTX right now?
Market cap seems to be just under USD 60 million, right now. Is that too high? Too low? Why?