Wednesday, December 28, 2016 6:18:39 AM
For PMCB to have the same dollars per share you would have a market cap of about 110$ billion dollars.
That's 1/10 of a trillion dollars and very few companies are worth that much. The top 50 companies on the DOW with the largest market cap start at 105 billion USD and end with APPLE at 652 Billion USD.
http://dogsofthedow.com/largest-companies-by-market-cap.htm
While I am not saying it isn't possible, when comparing stock prices of different companies you need to look at the market cap.
For PMCB to have a market cap of 3 Billion USD we would be looking at $3.52 per share.
30$ per share for PMCB is realistic, but you would be talking a market cap of about 27$ billion USD.
That is a huge chunk of the market, but with multiple cancers and diabetes, it can surpass these prices, and I believe that eventually they will, just not anytime in the near future.
4-8 years IMO.
Let's hit a dollar first, then get the buy out, watch it grow, further trials etc..
Everything will happen in due time.
Recent PMCB News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/14/2024 08:38:38 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/06/2024 02:56:28 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/15/2023 10:25:52 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 10:06:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/24/2023 09:00:13 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:02:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:02:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:01:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:01:23 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:01:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/22/2023 10:00:10 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 11/22/2023 09:00:15 PM
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