I plan to top up some share soon. I see the phase 1b result is definitely a game changer for PTX.
With the assuring result, it may be time to do a preliminary valuation of PTX based on PTX 200 to treat breast cancer. Assuming a price tag of $50,000 per cancer patient per year, PTX will achieve $1 billion revenue by saving 20,000 patients a year. So how much will PTX be worth based on $1 bn revenue?
With this in mind, while I feel horrified to see the quick sell down, I think this also presents a great opportunity for investors who didn't have the chance earlier to build a big position.
Stay tuned to watch more exciting news flow in 2018 and become rich with PTX saving life and making money for shareholders. How wonderful, isn't it??
Just one word with PTX : "BUY"
PTX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
