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Bullboard - Stock Discussion Forum Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > Outset Medical or OM on Nasdaq
View:
Post by inspecthrgadget on Apr 09, 2021 10:00am

Outset Medical or OM on Nasdaq

Is currently worth well over 3 billion CDN. Timing is nice too as Goldman and Morgan Stanley set to do a 100 million plus financing in the $55 USD range. We are valued at only 3 to 4% of their total value. Sure we only have Canada and the US rights however we have much more than a dialysis machine. We have worldwide rights for SAMI as it pertains to PMX usage and of course our theranostic phase 3b / 4 TIGRIS FDA confirmatory trial. 


Something has to give, the US market once aware will allow for a true valuation. In the meantime we have our friends here running the flap your wings but never your gums program on US public suppression forums. I do recognize the planted posters and better yet, impeccable and competitor free science. 

No wonder I own too much!

Best,
Gadgie
BTW.... We traded on Nasdaq for years as ticker symbol DIAGF, hiding with no US newsflow on the US OTC dirt level is only a reason to understand that owners dont want to share their EDT paper.... stay tuned!

Comment by mercedesman on Apr 09, 2021 10:44am
This is interesting Just the Primary offering at a set price (now) of $ 53.50 USD is more than the value of Spectral as a whole ! It re-affirms the "market" value of outset (currently just one of two companies that has an FDA approved home HD machine - but which is so far unprofitable) at $ 2.4Billion USD or roughly $ 3B Cdn $ ! And all that "value"  for a mchine that ...more  
Comment by Accountprince on Apr 09, 2021 11:49am
I appreciate your work and intellect.  But to answer your question the answer is likely up to $10.00 per share understated with half of that as a realistic understatement.  So put another way my sense is a value of $10.00 per share total so you're "missing" $4.80 per share.
Comment by mercedesman on Apr 09, 2021 11:59am
Thx AP Of course you know, that I wanted to highlight just the DIMI portion in my post. I don't really bellieve that the PMX piece is worth $ 0. Nor the SAMI Nor the world-wide rights to the EAA (the critical companion diagnostic to the "golden hour" support for PMX as articulated by Ronco) Nor theworld wide rights to use the Dialco/Infomed machines for purposes other than CRRT& ...more  
Comment by SouthernTierTom on Apr 09, 2021 2:36pm
OM ( Outset Medical ) has gone to $61 / share today on the NAS.  What is most interesting about EDTXF compared to other bios is the behavior of the stock when any form of financing is completed.  OM just announced $100M+ USD worth of new paper at $53.50 USD on a per share basis.  Often bios move higher on the news of new paper so the absorbtion of said paper is soaked up in a more ...more  
Comment by PezDalatoYou on Apr 09, 2021 11:27am
I stopped my arm flapping this morning and the stock price glided down two points. I started flapping again and now we are now up a penny from yesterday's close. Assume and say what you want, but arm flapping works. Don't ask me how, it just does! Imagine what the stock price would be if more people started flapping too. ; - )