Elite Pharmaceuticals Inc (ELTP): Discount rate is wildly off here for an...

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Elite Pharmaceuticals Inc (ELTP)

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Re: NASDAQ2020 post# 386668

Tuesday, 08/29/2023 9:32:39 PM

Tuesday, August 29, 2023 9:32:39 PM

Discount rate is wildly off here for an OTC stock. This should have been closer to 18%+ back then or even higher now considering the interest rate environment. Market returns expected are historically ~11%. Elite would be considered above average risk and therefore much higher discount rate would apply. This is also why banks either wouldn’t lend to Elite or have such high lending requirements and strings attached.

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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
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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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