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vinmantoo

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vinmantoo

Re: Rocky3 post# 2648

Wednesday, 08/16/2023 4:32:16 PM

Wednesday, August 16, 2023 4:32:16 PM

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Not net cash with the $200MM being a debt on the balance sheet. Quite a bit to go to get to net cash.



You are reading it wrong as that is an accounting "trick". They have $400 million in cash and cash equivalents.

The market is putting a significant value on pipeline. The bet is whether it should be putting a bigger value on it or not. I am getting close to saying it should be (but I thought that I would be a buyer at 18, and I'm glad that I held off).



Congratulations as that looks like a smart move right now.
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