I don't get your calculation.
61 in total, 30 approved.
ODAC approves ~50% of application.
Of those 50% rejected, FDA approved 7 out of 30, which is 23%.
Thus, disregarding what ODAC decision is, the % of approval from FDA is quite high, this can be calculated by (30+7)/60 (ignore the tie break) = ~62%.
Scenario 1: ODAC approval - That's 30/60 = 50% of getting FDA approval.
Scenario 2: ODAC rejects - That's 7/60 = 12% of getting FDA approval
using your criteria.
Worst case scenario (100-62=38%) = $1
Best case scenario (62%) = $15-20
Fair value = $9.68
Your math needs some improvement.
- Forums
- ASX - By Stock
- MSB
- Much more risk than reward on the coming Friday
Much more risk than reward on the coming Friday, page-85
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MSB (ASX) to my watchlist
|
|||||
Last
99.5¢ |
Change
-0.070(6.57%) |
Mkt cap ! $1.136B |
Open | High | Low | Value | Volume |
$1.04 | $1.04 | 99.5¢ | $3.980M | 3.944M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 56239 | 99.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.00 | 103125 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 56239 | 0.995 |
11 | 88118 | 0.990 |
3 | 28311 | 0.985 |
9 | 97667 | 0.980 |
4 | 43265 | 0.975 |
Price($) | Vol. | No. |
---|---|---|
1.000 | 103125 | 2 |
1.005 | 30000 | 1 |
1.010 | 93156 | 7 |
1.015 | 38710 | 2 |
1.020 | 107691 | 4 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
MSB (ASX) Chart |