"as i doubt this is likely scenario moving the market cap to $9B without the completion of PhaseIII trials & proven success..."
Hi Peace, your calculations are out by the princely sum of $6.2billion. In Dec as mentioned by other posters the Prima sp was around 12.5c and the market capital about $93mill. So 30 times that market capital is about $2.8billion and a sp of around $3.75.
Obviously at $9billion you would have to be sceptical but the prediction based on what has been posted is a m/c of $2.8B and an sp of $3.75 I would be more than happy with this conservative lower figure and if the sp were to get to $3.75 in the next 18months all current holders will be much wealthier than they are today lol. For those that bought in Dec it would be a 30bagger and for those buying today it would be a 10bagger. sounds good to me.
Of course I am just correcting the $9B figure quoted in PeaceAKKI's post and basing the correction on what others have posted. Whether or not PRR actually ever gets to the outcome described above is dependant on a range of factors and the risks need to be taken into account. Im just expressing an opinion about a stock I hold and not intending advice for any other investor.dyor.
cheers
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34.0¢ |
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Mkt cap ! $493.8M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 95461 | 34.0¢ |
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Price($) | Vol. | No. |
---|---|---|
34.5¢ | 48512 | 1 |
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No. | Vol. | Price($) |
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5 | 95461 | 0.340 |
3 | 125869 | 0.335 |
9 | 168422 | 0.330 |
5 | 187373 | 0.325 |
10 | 175181 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.345 | 48512 | 1 |
0.350 | 78512 | 2 |
0.355 | 81512 | 3 |
0.360 | 162674 | 4 |
0.365 | 56000 | 3 |
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