IsoRay Has Tremendous Potential Gaining More Publi
Post# of 24
Posted On: 09/18/2014 3:06:47 PM
IsoRay Has Tremendous Potential Gaining More Published Peer Reviews
http://finance.yahoo.com/news/isoray-tremendo...00939.html
This is exactly what I have been hitting on for the last couple weeks.
I see there's some consensus at least. smile
When it comes to emerging companies like IsoRay one major obstacle though is funding. But here again, IsoRay is in a solid position. Babcock told us that the company has around $20 million in cash on its balance sheet, which at the current burn rate is sufficient to last for eight years. When asked whether the company will look to capitalize on the surge in share price this year by coming out with a secondary offering, Babcock said that there is no immediate need for such an offering. However, he added that the company would always like to be in a strong cash position, especially if it considers a synergistic acquisition in the future.
Now isn't THAT an interesting statement.
http://finance.yahoo.com/news/isoray-tremendo...00939.html
This is exactly what I have been hitting on for the last couple weeks.
I see there's some consensus at least. smile
When it comes to emerging companies like IsoRay one major obstacle though is funding. But here again, IsoRay is in a solid position. Babcock told us that the company has around $20 million in cash on its balance sheet, which at the current burn rate is sufficient to last for eight years. When asked whether the company will look to capitalize on the surge in share price this year by coming out with a secondary offering, Babcock said that there is no immediate need for such an offering. However, he added that the company would always like to be in a strong cash position, especially if it considers a synergistic acquisition in the future.
Now isn't THAT an interesting statement.
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