Should I elaborate? The reason it is so important in this case because it is setting a floor. We should be looking forward and the P/E should be in the 30s-40s because of the products in the pipeline some close to fruition.
Like every R&D company in the space.
However the evaluation is showing more like a simple manufacturing company right now with no reference to R&D potential and results in the future.
It is why this is so incredibly undervalued as it stands today.
All that and it is RED, why is that show your " math " why ELTP is RED. your word salad is lacking an explanation. Give this MB the reason this is not where you think it should be. Are you still " cool " with traders ?? Hope so...
Hahaha, I said it meant nothing to a .20 cent small co stock . Don’t continue to take comments out of context to fit your BS narrative. Again, it means nothing at this point. Eltp
“It's just math”, correct, but only the current math (absence the maybe) has current relevance. Might I direct you to the real pennyland world = current pps!!! Do I think this should be trading 10c higher now, yes, but it ain’t. Will it, yes, but certainly not due to its P/E. Revenue and product growth, more than additional profit, will increase a pharma’s stock at this stage, especially re a buyout and the Cos EV. Eltp
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