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DewDiligence

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DewDiligence

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Re: DewDiligence post# 7

Wednesday, 09/19/2018 3:21:47 PM

Wednesday, September 19, 2018 3:21:47 PM

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TNG.PA 2Q18 results:

https://finance.yahoo.com/news/transgene-presents-2018-half-results-154500903.html

6/30/18 cash was $38.6M (€33.1M) after burning $3.0M (€2.6M) during 2Q18. Guidance for 2H18 cash burn is $19.4M (€16.6M), implying projected a cash balance at 12/31/18 of $19.2M.

New corporate slide set:
https://www.transgene.fr/wp-content/uploads/2018/09/Transgene-corporate-presentation-H1-results-19-sept.pdf

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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