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Re: 57_2001 post# 238441

Friday, 06/18/2021 5:36:19 PM

Friday, June 18, 2021 5:36:19 PM

Post# of 257322
ENTA’s enterprise value (@$45.74) is about $675M, based on 24.1M fully-diluted shares (#msg-163910230) and pro forma cash of $426M (#msg-163910195).

If you deduct a reasonable figure for the present value of the Mavyret royalty stream, the resulting adjusted EV is pretty close to zero. I doubt that you can find a more undervalued biotech on the market.

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