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Post# of 252579
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Re: DewDiligence post# 241844

Thursday, 03/31/2022 10:35:08 AM

Thursday, March 31, 2022 10:35:08 AM

Post# of 252579

Why, IYO, does AKBA still has an EV of ~$400M?




Cash on hand is roughly 150 million. They have around 180 million shares outstanding and a current price of about 70 cents per share,a discount to cash on hand. They have expenses and complications to existing revenues that would appear to create funding issues in less than a year.

I have no position in the stock.










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