IMM 6.90% 31.0¢ immutep limited

prr's cvac - one billion dollars per year?

  1. 42 Posts.
    Well, that's what the following article from Bloomberg states with reference to Merck's attempt:

    http://www.bloomberg.com/news/2012-12-19/merck-kgaa-lung-cancer-drug-misses-trial-s-survival-goal.html

    ...'the company’s ambitions of turning the medicine into a $1 billion-a-year-product.'

    If Prima Biomed's Cvac can be used upon several cancers are we looking at more than One Billion dollars per year year in commercial revenue for Prima Biomed?

    Analyst's Reports and their Price Targets of around 30 cents maybe undervaluing this company by a factor of 5.

    But, wait-a-minute, where's PRR's stock price today - 11.5 cents?

    Well, let's make that a factor of at least x 12 times against today's price!

    2014 is coming, sooner or later the market will suddenly snap-to-attention upon the realisation of the tremendous commercial revenue earning potential of this great little company.

    Great Article
    http://www.dailyfinance.com/2010/10/06/inside-wall-street-is-this-tiny-aussie-biotech-the-next-dendreo/

    PRR’s technology and process is not like Merck / Oncothyreon / Stimuvax, instead it is similar to Dendreon’s process for its cancer immunotherapy 'Provenge,' - which has ALREADY been APPROVED.
 
watchlist Created with Sketch. Add IMM (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.020(6.90%)
Mkt cap ! $450.9M
Open High Low Value Volume
29.0¢ 31.5¢ 29.0¢ $1.805M 5.903M

Buyers (Bids)

No. Vol. Price($)
4 193400 30.5¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 1000 1
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
IMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.