Valuing the opportunity9 Sep 2020 13:22
So, this is my first time buying a pharma stock... when i saw the results back in July which are far better than any other ongoing treatment option, i thought to myself that if these results prove to be right, even if they are slightly off, this must be a multi billion dollar opportunity for the company, and i jumped in...
Now, I have very little experience in valuing pharma stocks and their potential... I understand that it is a difficult exercise given everything that is going on... but what would be your take on the stock's potential if the results are confirmed and there is a big JV, or buyout... do we go 3x, 5x, 10x, 20x, more? Is there any benchmark we can look at?