Tuesday, August 14, 2018 4:33:55 PM
The unfortunate thing is that this pps has been low for quite some time, under 2 dollars for over 3 years and it will quite literally I feel not get much visibility until something throws it into the forefront and removes fears of significantly higher cash burn than revenues.
I would expect approval would send it far past 1 dollar, as presently that would mean a M/C of just 140 million for a company with a product that could bring in billions.
Then hopefully nice earnings will propel much higher as we have seen with products in the same markets as Protalix drugs bringing in billions respectively and giving highly positively skewed M/Cs that are many multiples of revenues.
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