News Focus
News Focus
Followers 142
Posts 23900
Boards Moderated 0
Alias Born 06/13/2011

Re: dmlcento post# 64577

Friday, 11/13/2015 11:47:42 AM

Friday, November 13, 2015 11:47:42 AM

Post# of 447450
Dmlcento I try to reverse positions on a dime ...

if I can find reasons to do so.

So an example of what I look at .
We had weekly script data today ...TRx of 14,360 +3.57%.
If we average that rate of growth going forward ...how many weeks until we have doubled weekly scripts .

Answer ...about 20 wks ( 5 mths )
Rule of 72 .....Gabor ( or anyone else with a math background , correct if necessary ).

From memory of Gabors work we need about 34,000 weekly TRx to be break even . So we are not going to get close to break even at the time many of you expect Interim results ( Late Feb for the 967th event then 3 mths to process data )

So what will change my mind .
Basically a faster up tick in weekly scripts and a reduced cash burn .
I want to be certain that the Co can avoid dilution not matter whats happens at Interim , or even when it happens.

Kiwi
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMRN News