Friday, October 20, 2017 2:00:23 PM
The o/s shares are around 200 million (including warrants- stock options etc)
This number may go upto 250 million to complete other trial and CE mark (which is not cheap) and getting CMC certification
With 250 million o/s shares
SP = $4 — > mc = $ 1 B
SP = $6 — > mc = $ 1.5 B
SP = $ 8 —> mc = $ 2 B
SP = $ 30 —> mc = $ 7.5 B
If we get internal application approval - I think BO @ $2-$3 B is possible
If BO happens before that - $ 1 B can be reasonable expectation
So I am thinking 5 bagger from current price as reasonable low end expectation for me.
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