Looks like it has bottomed out at 227 million market cap, almost unbelievable it fell this low as they are flush with $189 million in cash that they raised at the $9-10 level. $27 million received so far from Incyte with more to go.
Management expects to finish 2018 with $105-115 million left with readouts coming in 2018 late and 2019.Getting ready to start another trial and another one is being paid for by Incyte and another one near to finish enrollment.
My number one stock out of the 4-2-2018 'stress test' sell-off.
Good Luck!
Long CALA.
Recent CALA News
- Calithera Biosciences Announces Update on Complete Liquidation and Dissolution • GlobeNewswire Inc. • 06/29/2023 08:01:07 PM
- Calithera Biosciences Announces Update on Complete Liquidation and Dissolution • GlobeNewswire Inc. • 05/19/2023 08:01:00 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM