Fri, Feb 27, 2015, 4:22 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Astex Pharmaceuticals, Inc. Message Board

  • kyjellie kyjellie Oct 19, 2012 7:59 AM Flag


    I spent some time reviewing guidance on expenses and ASTX stated expenses would be in the neighborhood of 88M for 2012. They expensed about $40M for the the first half of a year. With several drugs in phase 2, expenses will have increased. Maybe as much as $4M per quarter. We could see a loss in the vincinity of $5M for the quarter.

    My estimates:

    Revenues of 18M

    Expenses of 23M

    Loss of $5M

    How they treat the gain on SRPT stock could paint a better picture. The thing Dr. M always seems to pull off, is to grow ASTX cash position.

    Sentiment: Buy

8.4950.0000(0.00%)Oct 10 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.