About $75m in cash now. Current MC hasn't taken all shares to be issued in about 3 weeks into account. We had about 600m and up to 1.8b will be issued, hence my guess about a total of 2-2.4b. Once we know the exact number we know what the EV is. At this stage almost ZERO.
That way hardly any downside to be expected as the big players all have paid / will pay 4c or even 5c. You can now buy for 3.5c, what an opportunity.
The assets are at the forefront as RAD focuses on treatment over imaging. The majority of the bigger players is shifting their focus to that part too, a lot of M&A to be expected. Still early days but compared to the peers in the US it is an investment made in heaven for those who can wait.
Lantheus, the world's biggest radiopharma, now calling the shots. NASDAQ listing finally happen, RAD becomes Hopper's first insto held stock. CHM to follow between now and mid September and just a matter of time for IMU too.
GLTA
RAD Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
