RPRX
<I think it is reasonable--in terms of market cap--for this to be a $250-$350 M stock this year. However, in terms of multiples of current PPS, even this is an ambitious target.
With the stock offering (dilution), at the current price of around $13.2, the market cap will equal ~ 168 M.
According to your "reasonable" market cap for this year that would translate to a $19-27 dollar stock.
So are you saying $19-27 range is "an ambitious target" or are you talking more of a stock price in the $30++ range?
Regarding attending the event. If you had the spare time, I guess it would just be useful to see how their story is being communicated and the interest by the investors. Other than that, yeah, I understand your sentiment.
Thanks!
