Ayala Pharmaceuticals Inc (ADXS)

[Bourbon_on_my_cornflakes]

Can reasoning like this be taken seriously:

"I missed the part where the analysts reduced the net present value of the shares by 50% for the “clown management” effect. Maybe that’s because it doesn’t exist. All of the analyst previous reports that I read simply discounted the future projected revenue, and that is what they did now."

Let me spell it out for you.

The analysts reduced their price targets from $20 to $5. The drop from $20 to $10 is due to clown management's failure to close "lucrative" deals, cut cash burn, file EMA on time,and asking for non-merit raises, RSUs and retention bonuses while failing miserably.

The drop from $10 to $5 is due to the 50% dilution that existing shareholders will see in the next six months if dilution is approved.

($20 share - $10 clown mgt effect) x 50% dilution = $5 share


Got it now? Analysts are serious people with CFAs who analyze a company's prospect and mgt. Their call here is a good one, and is the consensus among the analyst community given current clown mgt failures.