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beambe

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beambe

Re: None

Wednesday, 07/22/2015 11:45:07 AM

Wednesday, July 22, 2015 11:45:07 AM

Post# of 1874
The Money

Last week, ONCY shares rallied more than 26%. The stock saw a pullback later in the week and is currently trading at around $0.65. As of May 6th, 2015, ONCY had $31.5 million in cash and short-term investments on its balance sheet. This translates to around $0.27 per share. So the market is assigning a value of around $0.40 per share for ONCY's Reolysin. As I said, even if the drug reaches commercialization stage in just one of the many indications it is being evaluated for, the upside could be tremendous.

http://seekingalpha.com/article/3337965-oncolytics-killing-cancer-with-a-virus
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