PTX 5.00% 4.2¢ prescient therapeutics limited

sp should be 5x imho, page-589

  1. 197 Posts.
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    This thread has been going for a while but now needs some perspective since the SP has more than doubled since it started.
    From memory it started around SP 10 cents after OmniCAR had been announced and was primarily targeting the difference between IMU and PTX SP - and largely still is.
    At this stage, both companies are reliant on sentiment rather than fundamentals and marketing can play a part in changing sentiment
    IMO for a company SP to move 5 times from present in the foreseeable future then some fundamental drivers must be readily apparent for Mr Market to see.
    5 times 10 cents = 50 cents which is a sentiment based target and we are half way there and possibly PTX will make it this year
    5 times 25 cents = $1.25 PS will only occur when fundamentals such as PTX 100 having a great basket case efficacy result at Christmas or beyond and knowledge of a major Pharma interested in paying good money for milestones and approval payments after phase 2 and 3 trials are complete
    Before then, the safety of PTX 100 is a foregone conclusion IMO and only sentiment feed.
    A good efficacy result for PTX 200 for AML would help fundamentals as will more favorable milestones for OmniCAR through this year until trials start mid 2022
    5 times 50 cents = $2.50 and beyond will only come when PTX 100 and possibly PTX 200 have passed full regulatory approval and we know the actual payments or ongoing percentage of sales from any agreements. Similarly, OmniCAR will have to have favorable performance by then as well.

    The discussion today is about marketing OmniCAR so will just be sentiment feed to help meet the initial goal IMO
 
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