RE: Priced for perfection?14 Mar 2021 10:52
‘It seems that potential profits is better than cold hard cash!’
You’ve answered your own question. That’s generally how markets work, you’ll find companies valued at less than cash. If you’re here because you’re worried about being in there, then it’s simple, if you believe they’ll do a good job in spending that cash to pivot in to a good business with some longevity, then you’ll do fine. They are indeed priced reasonably for the cash they’re earning, but their market is dwindling, so it’s about the future.
Compare and contrast, this company is on the brink of revenues that will dwarf those in ncyt and also have a huge pipeline of opportunities - some already in progress - that could offer more.