Jul. 14 at 8:00 PM
$COYA The balance sheet stats is one of th reasons I remain so Bullish on Coya.
$35M in Cash, no debt, Book value per share is
$2.00, working capital
$34M
They have a deal in place with Dr. Reddy which will likely add more cash to the balance sheet within 30 days. Good results from the IND and I think it's only a matter of time before Dr. Reddy buys them. Cheaper for Dr. Reddy to acquire them to pay off the royalt amounts.
Stock chart also looking pretty good....we broke thru the
$6 resistance. Can be in the
$7S when volume comes in. Float is only 13M shares.