Re: The MD@A for the period ending July 31, 2017
posted on
Sep 15, 2017 08:50AM
Kelsee,
Just getting caught up today and I very much appreciate your thoughtful reply! I too think the CRV deal is the way to go and I am in alignment with your price range estimate of $10 - 15 range plus royalities. And if we believe the RVX projections made themselves and take a worse case scenario, RVX values themselves to be 3.8B market cap company if BoM hits the lower end projection >25% RRR and they receive full Market Approval and you completely discount CKD program.
So if you do the math backwards, this translates to a SP = $34. The current SP = 1.44, the current Market Cap = 160M and the current Shares Outstanding = 110M. Therefore, (3.8B / 160M) x 1.44 = $34 per share. So if there is a CRV deal, I do think the $10 - 15 range you say is realistic and I hope closer to the higher end of that range.
Now, beyond that, there are more exciting opp'ts and some already in the works so I am also in alignment with a very long term hold here with of course very close monitoring along the way as each bit of new news is highly significant at this point in the life of this little company of ours.
Anyway, great discussion here to all!
DYODD
10BagR