Jul. 28 at 3:35 PM
$ATYR @BioBingo and others. Educate me, please. The most optimistic among us are dreaming of stellar P3 results and a pop to
$25 a share. Maybe the more grounded feels like much of the rise will already be baked in by that time , limiting any proverbial pop to maybe a double. SO, using ballpark numbers for simplicity:
Current:
$6 - .5B market cap.
So those hoping for a 3X from
here need
$18 - 1.5B, and so on if
you’re anticipating a
$20-
$30
price range.
But even with good results, are we not still a year or two from any revenue stream? Can we realistically hope for that size market cap so soon? I think we can see it over the next 2-3 years but, what are your grounded expectations for valuation pre-revenue post-positive P3?
I’m all in on this so…I’d value your opinions.