If PME has a PE of 100+, surely Tlx can sustain a PE of 80. Anyway, different product. I always thought it was expensive to buy PME and waited but it never went down to my liking instead it is just trading so high now. I am positive about TLX being $100+ in 1-2 years provided 250cdx and 101cdx gets approval. I think there is some risk it doesnt get approved but given illuccix got approval, how can it not get approved? Plus they are using 101cdx in their trial for 101 therapy. CB has high expectations with 101. Tlx250 could be halfway there and hopefully they can replicate phase 2 result and then that itself can be a big market.
still more room to make money with illucix both in USA and ROW.
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