RE: What a week13 Sep 2024 20:25
Amazing run.... wow.
Looking at Merck and it's earnings it's clearly a huge company of which by 2026 keytruda will be doing 30 billion in sales , that drug is loosing it's patent in 2028.
Merck market cap is 263 billion on sales of 63 billion per year.
If summit gets to 30 billion a year in sales after 2030 at 5x earnings that's 150 Mc.
That's about $208 a share on today's share issue.