Trding, Is very interesting, however the make s
Post# of 148323
Is very interesting, however the make some assumptions that are now moot so to speak:
Royalties they calculate with 24%-32%. Let's assume they will be 45% (we have a 50% deal). Also, probability to market of 60%, I will pose we are now higher than 90% but let's say 80%.
The revised (CDF model) target price would be then: $1.6 X 0.45/0.32 X 0.8/0.6=$3.0
This is close valuation to my model
Note: No mono is included.