Thanks, Boiler.
Yes, forward looking valuations all have to be taken with a grain of salt and be updated continually as more information comes to hand.
I can't even pretend to put a fundamental valuation on the current SP, or even near term.
This stock is getting traded like poker chips at the moment.
But it's a minority of holders (~4%?) causing the swings, the more the company de-risks, the less volatile is should become.
There are inherent risks in biotech, especially ones still in development with no income. But the upside COULD be substantial.
I look at it this way, if all goes to hell the risk is probably, what? 80% down from here?
The upside could be in excess of 2000%, then our friend up there would have to change his name to "winning 20 bagger".
This is the upside i wanted to remind long term investors about.
A few disingenuous posters were trying to cast doubts on the long term potential of Prima for short term gain and I think it may have worked.
I also have done valuations based on 10% of global patient numbers rather than the global market valuation (as there has been some debate about it's validity) and that works out favourably, too.
http://emedicine.medscape.com/article/255771-overview
10% market share of 200k OC patients = 20k
20k x $90k treatment = $1.8b rev p/ann
- obviously we won't have 10% of the entire market so this is just a broad indication as distribution of treatment centres improves.
(90% of OC is treatable by Cvac so take that into account too.)
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Thanks, Boiler.Yes, forward looking valuations all have to be...
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $413.9M |
Open | High | Low | Value | Volume |
29.0¢ | 29.5¢ | 28.0¢ | $1.441M | 5.001M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 102393 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 14707 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 102393 | 0.285 |
13 | 285561 | 0.280 |
13 | 499761 | 0.275 |
19 | 419400 | 0.270 |
6 | 127774 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 14707 | 1 |
0.295 | 116416 | 4 |
0.300 | 121711 | 4 |
0.305 | 10000 | 1 |
0.310 | 249310 | 6 |
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