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Innovation Pharmaceuticals IPIX
Posted On: 08/14/2015 5:59:30 PM
Post# of 72447
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Posted By: Drano
Re: Drano #12639
CTIX market cap today: 230 million. PYMX market cap before their management made horrible decisions and bankrupted them (so that CTIX could buy them for peanuts), 227 million.

So if the market were efficient, it would be valuing Kevetrin and Prurisol at 3 million. Of course, adjusted for inflation, it would probably be valuing Kevetrin and Prurisol at zero or less than zero.

Except, darn it, I forgot about that pesky office furniture depreciation.













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