IMM 1.49% 34.0¢ immutep limited

Liansmefrom you post" $50.00 SO at 30 to 1 that would be around...

  1. 2,306 Posts.
    Liansme

    from you post

    " $50.00 SO at 30 to 1 that would be around $1.66 for PRR is that what you are saying ? '

    its not that simple unfortunately...

    ... you need to factor in the total number of shares (and options ) on the market for both companies ...

    Prima would equate to $6.76 AUD per share if compared to DNDN

    As of today .... in simple terms ... excluding options

    DNDN market capitalisation ( worth )
    145,830,000 shares ( 145 million ) @ $41.47 each USD = market cap $6,047,507,100 USD ( $6.05 billion )

    PRR market capitalisation ( worth )
    893,790,000 shares ( 893.79 million ) @ $0.30 each AUD = market cap $268,140,000 ( $268 million )

    therefore if we did a simple on the bacj of a beer coaster calculation

    Dendreon is currently 22.5 x bigger

    22.5 x $0.30 (today 's PRR share price ) = $6.76 per share

    ... and if that doesnt get one a little bit motivated ... what will

    ... remeber that is right now .... and by the time PRR gets there ... DNDN will be much , much bigger.... so $8 - $10 valuations for PRR would not seem too much of a stretch

 
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