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Post# of 108191
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ignatiusrielly35

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ignatiusrielly35

Re: mpreorder post# 36885

Sunday, 10/01/2017 2:45:21 PM

Sunday, October 01, 2017 2:45:21 PM

Post# of 108191
The 10% chance of approval assumption is very low. If I recall, Cantor or Jefferies used 80%. And, as you note, your bottom number does not apply any multiplier such as price-to-sales. For KITE it was 10:1. The full value of this company with approval of any significant portion of its platform is several multiples of KITE's $12b.
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