RE: Renal Cancer10 Feb 2020 13:32
I agree ... C7 ... but Ruck has this post sitting as a problem he never dealt with
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Inan, not scoffing at all. It is quite possible, in my opinion not likely but perhaps others feel differently.
I posted the calculation on ADVFN but in case you missed it here it is again:
Anyway, here's how we can get to £8
All platforms SCIB1, SCIB2, MODI1 successfully through trials
Each target grabs 25% market share (TD reckon 11%)
Royalty on each treatment 24% (TD reckon 17.5%, 15% for SCLC with CRUK cut)
Net profit 22% (that would be good going)
Will need at least 2 additional funding rounds raising £16M at average 9p
PE of 20
= SP of £8.15
This would be an NPV of £4.10 if was achieved in 3 years.
Would be NPV of 72p if it takes 10 years.