Replies to post #767 on Versartis, Inc. (VSAR)

[longx]

Q4 2017 E/R just came out; up by 12.58% after the hour and will trade above $2 tomorrow as the existing amount of cash after all liabilities is currently at: $49.24M + $31.1M = $80.34M. With # outstanding shares @ 35.81M share, cash/share = $80.34/35.81 = $2.24/share

https://finance.yahoo.com/news/versartis-reports-fourth-quarter-full-210500107.html

For the fourth quarter ended December 31, 2017, Versartis reported a net income of approximately $31.1 million, or $0.87 per share, basic and diluted, compared to a net loss for the fourth quarter ended December 31, 2016 of $22.1 million, or $0.64 per share, basic and diluted.