Jun. 27 at 2:40 PM
$CDT If we assume all of the following are true:
• The
$638.3 million Sarborg valuation is accurate
• CDT's 20% stake is therefore worth about
$127.5 million
• The stake is fully realizable
Then the implied CDT share price depends on the true share count. Here is a range of stock prices based on the the non-diluted or diluted shares:
OS 4.72 million ~
$27.00 Share price
OS 10 million ~
$12.75 Share price
OS 25 million ~
$5.10 Share price
OS 50 million ~
$2.55 Share price
OS 100 million ~
$1.28 Share Price
The delayed 10-Q matters, investors need clarity
Even if the
$638.3 million valuation is accepted as fact, the market may still apply discounts because:
• the stake is in a private company
• it has not yet been monetized
So theoretical value and trading value are not necessarily the same. The table above shows the theoretical per-share value attributable to the Sarborg stake under different share-count assumptions
$QQQ $RXRX $SDGR $TEM
