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Myrexis, Inc. Message Board

  • hdchcv hdchcv Nov 17, 2010 9:49 AM Flag

    Adding value to our $5.50 p/s in cash

    With a HUGE runway of cash I think it´s about time for the investor community to start adding some value to the pipeline. A modest price would be $25M (hey - we are heading for ph IIb w Azixa). That simple calculation would set us for share price of $ 6.50 since we already have $5.50 in pure cash. I have seen some companies trading below cash but those have almost in every case been failing in pivotal trials. MYRX hasn´t. Still valuated to tiny 70% of cash position. Never seen it before.

    From a fundamental standpoint the company has already launched what will be a streak of positive news reg the pipeline I think. Azixa will be next in line. It´s time to give the pipeline some value - or at least pay a dollar for a dollar....

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MYRX
0.055-0.0030(-5.17%)May 31 2:00 PMEDT