If you believe that, it is still more than the current market cap. But hey, if cancer treatment can be so cheaply bought out, then there is no reason for a cancer treatment to be charged at hundreds of thousand dollars at all. See, your view just do not compute. It is more like you are letting your frustration gets the better of you. Just like the person who dumped this morning.
Ultimately, the fact is current market cap is around $80m and any deal would definitely propel PTX market cap into the hundreds of million of dollars. And for an investors weighing risk/reward, the maths is really simple here. Much simpler than IMU for example which already has a market cap of around $900m. When IMU was trading at around 2 cents, it was so easy to weigh the risk/reward. The same is happening here now at current price. Don't you agree?
I definitely see this as an opportunity for the late arrivals to get in cheaply. Especially now that there are frustrated sellers willing to throw the baby out with the bath
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.43M |
Open | High | Low | Value | Volume |
4.3¢ | 4.5¢ | 4.3¢ | $8.665K | 198.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 162069 | 4.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 1817 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 162069 | 0.043 |
4 | 282657 | 0.042 |
6 | 439000 | 0.041 |
8 | 1217984 | 0.040 |
2 | 210000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 1817 | 1 |
0.048 | 2664 | 1 |
0.049 | 70000 | 1 |
0.051 | 277227 | 2 |
0.053 | 12000 | 1 |
Last trade - 14.54pm 21/10/2024 (20 minute delay) ? |
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