Q: Hi 5i, this company recently tried to sell itself and there were no takers. They now have decided to let go of 25% of the workforce and buy up to 150 million dollars of shares back.
Looks like they will be cash flow positive by next quarter and are starting to get better traction on selling the drug.
The drug patent is for dosing as the chemical composition expires in a couple years. How would you value this company and would you rate it a buy hold or sell.
Looks like they will be cash flow positive by next quarter and are starting to get better traction on selling the drug.
The drug patent is for dosing as the chemical composition expires in a couple years. How would you value this company and would you rate it a buy hold or sell.