Re: Surf's up
in response to
by
posted on
Feb 06, 2020 01:37PM
Looking at some RVX's peers just the CVD indication current market caps
Medicine Co NDCO almost $7 Billion USD their lead drug not even approved yet
Amarin almost $7 billion usd
Esperian Therapeutics 1.6 uSd $2 billion CAD, lead drug not approved yet
yet RVX now with science validated FDA breakthrough desigantion , small Canadian biotech trading at tiny measly $285 Million CAD, and we have a RVX CEO talking about negotiations, a prosperous 2020 , and what seems like not a worryi n the sky about finances or promoting this latest NR , Something has to give at some point.! The buyout valuation has to be in line oratleast half of the the above Market caps of their peers for CVD , and we haven't even talked about the REnal indication valuation, cognitive indication CHF, HIV, or the rest of their IP
Hoping the market catches to the proper valuation of RVX peers, but than again the market always seems to know, We could be deep into final negotiations of a deal and than maybe leaks will occure like soem investment bank stating RVX is up fro sale, That will start moving the SP up quickly