Precipio Inc (PRPO)

[fritz27]

Precipio seems so cheap I feel like I must be missing something. Some of the board members have had great success in the diagnostic sector in the past, particularly the lead director who founded Dianon and sold it for $650 million. Company has stated that pathology could be at a $30 million dollar run rate by year end 2024. Hematology is a $400 million dollar market. PRPO has only 1.4 million shares outstanding and 715,000 options outstanding so with 2.1 million shares outstanding the market cap is $12.6 million. This type of company with growth prospects of 25%to 50% a year, should sell at 3 times revenues