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Re: Basin Street Blues post# 17743

Thursday, 08/21/2014 3:41:40 PM

Thursday, August 21, 2014 3:41:40 PM

Post# of 721425
$500 is a little steep unless DcVax L is an absolute home run that is applied to all other cancers and Direct does the same.

Let's say we are at 85 Million fully diluted (we will be much higher with the Cognate deal continually going and capitol raises above market or not), times a price per share of $500 gives us a market cap of $42.5 Billion. 85,000,000 x $500 = $42,500,000,000.

A lot of posters here have dismissed the dilution but just remember that$1000 per share potential very easily goes from $1000, $500, $250, $125, $62.5. I've seen it happen more often than not. I would love to see $1000 but I think you're a little too optimistic in this case.
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