(Total Views: 321)
Posted On: 01/08/2021 3:14:04 PM
Post# of 36541
This is a disappointing valuation. AE37 breast cancer alone was valued at $300M 10 years ago. Now we have 10 year data, added Covid potential vaccine, contract with Bintai for at least $150M, a contract with China for at least $1B, prostate potential, melanoma potential, etc and we get a value of $500M. They waited this long for this valuation? Very disappointed. If they put out the 400,300,000 shares, you are looking at $1.25 NGIO value. I don’t see Joe lowering the share count, as suggested here, since he wants that big piggy bank, the same way he used $2.50 GNBT shares. I guess he will tell us in February.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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