Elite Pharmaceuticals Inc (ELTP): Sorry, it absolutely means that Elite is...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Je3232 post# 357737

Wednesday, 06/16/2021 11:09:17 AM

Wednesday, June 16, 2021 11:09:17 AM

Sorry, it absolutely means that Elite is a successful business that is profitable and can now pay its own way. No need to tap LPC, they will pay for their own R&D and product development. I see what the company is doing and there is nothing I am worried about from their end. How the company is valued is what matters, not the daily p/s.

Although I have said this before, it is worth repeating...How a company is valued in any M&A consideration is the result of third party analysis and has zero, ZERO to do with the p/s at the time.

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Recent ELTP News

Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:07:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/20/2024 08:30:31 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/14/2024 09:55:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 07:21:28 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 09:20:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2023 09:20:20 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 12:05:38 AM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/27/2023 11:58:46 PM
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Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2023 08:15:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 09:15:09 PM
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