Marker Therapeutics Inc (MRKR)

[Burrhead1]

Phantom......have you had a chance to break down this 10-K? Am wondering if it changes any of your estimated numbers from your previous post........thanks! I’m mainly interested in the outstanding share count. You certainly nailed the $10 share price!! Burr

Re: sparky99 Post# 24023
I believe that anything around $10 will ultimately be a good buy. I think this should hold $10 and shouldn't be any lower as it is worth way more than $10. HERE is the link to my last valuation post. I'll summarize it below:

My valuation (post merger): $800M - $1.1B
Shares Outstanding: ~43 million
Warrants: ~24.5 million
Fully Diluted Share Count: ~67.5 million

SP based on outstanding shares: $18.60 - $25.58
SP based on fully diluted share count: $11.85 - $16.30

The above share prices are not targets but merely the price that correlates to my valuation. As I have stated in the past I believe we will trade above the fair valuation due to the very low float. Until all the warrants are exercised you need to go off the outstanding share counts which would put the price range, again based on my valuation, at $18 - $25. Until we get confirmation that all warrants have been exercised this is the range I will be looking for $TPIV to trade in. I include the fully diluted share count numbers as well because it is good to look at the whole picture.

On a side note this valuation is based on the combined company as of right now. We should be getting plenty of data throughout next year & potentially late this year at which point, if data continues to look as good as it has, this valuation will be on the low end.
Replies:
Good stuff - thank you!
sparky99 on 6/22/2018 12:25:20 PM
TPIV: Whats anyone's take on this filing?
Eagle1 on 6/22/2018 12:44:40 PM



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