A few on this forum had raised this possibility and while I didn't anticipate GSK launching an approved generic this early, it was a risk I'd started to price in but didn't expect this level of panic.
I have very little spare money but it went into ACL at 29c today. 30c = approx $60m market cap?
Let's say we only capture 15% of a $400m market in the long term now. That's still $60m revenues!!! And approx 30% of that comes back to ACL as profits - we're back to a PE of 3 and on the back of VERY conservative figures IMO.
Complete overreaction = completely oversold = opportunity IMO.
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- screaming buy now
A few on this forum had raised this possibility and while I...
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