Orph valuation ?3 Oct 2020 13:55
Based on it’s recent news and prospects, I wonder what investors think of it’s fair value ? Should it be over £1?
I think below rns statement is key here which Is very carefully written. Even if the contract is not £40m but it will be in excess of £7m, but most importantly it establishes ORph is capable of providing this unique service to the UK government! This may open the doors of other large pharma co, government and institutions accross the world to utilise Orph services. The world is ready to put billions to find a vaccine that is safe and effective, Orph is in unique position to help those large pharma co to test their vaccine .... opportunity is huge here ! The Business is already turned profit making with many contacts in the pipeline with large pharma like Pfizer ! Then it’s non core business Imutex which itself could be worth over 50p!
Am I being too optimistic here ? I have been saying it since I started buying this co from 15p, then 12p, 11p...DYoR
“The Company confirms that it is in advanced negotiation with the UK Government and other partners for a Coronavirus challenge study in the UK. While negotiations continue, it is expected that in the event that a contract is agreed revenue will be in excess of £7 million, being the approximate anticipated revenue for a Coronavirus challenge study as indicated by the Company on 22 May 2020.“