(Total Views: 712)
Posted On: 09/17/2021 8:08:11 PM
Post# of 153908
I'm still trying to get my head wrapped around the wild valuations that people are giving to IncellDX.
For instance, Opko Health, Inc/Bio-Reference Labs have a 29% stake in IncellDX (works out to about 4,371,750 shares)
If you look at the following filings it'll give you an idea when it was acquired and how much was invested.
https://www.marketwatch.com/investing/stock/o...d=14902131
https://incelldx.com/incelldx-content/uploads...-3-121.pdf
So...according to the 2018 doc below, if Opko took a $2.9M charge in 2018 to write down their 29% investment in IncellDX...that means they basically took a 50% hit on their initial $6M investment made in 2012.
2012 - https://incelldx.com/incelldx-content/uploads...-3-121.pdf
2018 - https://d1io3yog0oux5.cloudfront.net/_36ec510...+Links.pdf
What would that make them worth then....and projected to now?
For instance, Opko Health, Inc/Bio-Reference Labs have a 29% stake in IncellDX (works out to about 4,371,750 shares)
If you look at the following filings it'll give you an idea when it was acquired and how much was invested.
https://www.marketwatch.com/investing/stock/o...d=14902131
https://incelldx.com/incelldx-content/uploads...-3-121.pdf
So...according to the 2018 doc below, if Opko took a $2.9M charge in 2018 to write down their 29% investment in IncellDX...that means they basically took a 50% hit on their initial $6M investment made in 2012.
2012 - https://incelldx.com/incelldx-content/uploads...-3-121.pdf
2018 - https://d1io3yog0oux5.cloudfront.net/_36ec510...+Links.pdf
What would that make them worth then....and projected to now?
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