FTT 0.00% 0.5¢ factor therapeutics limited

What should the Share Price be ?, page-155

  1. 9,595 Posts.
    lightbulb Created with Sketch. 330
    Well as I said before in the other thread,

    $2m shell value, $1.5m cash and $2.5m r&d rebate. The cash numbers could be a bit more or a bit less.

    So $6m = mkt cap equal to 0.719c.

    At 0.2c mkt cap only $1.6m
    At 0.3c mkt cap only $2.5m
    At 0.4c mkt cap only $3.3m

    So the 0.2c to 0.4c range seems far far too cheap to me.

    Once the dust settles then I think we will see much higher prices.

    Today was a shocker with the speccie market. Probably the Dow bounces tonight (or not).

    cheers
 
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