What do you think the pricing(per course) will be? 1,700,000 treatment courses to be awarded on or about September 2009.. This is a 5 year frim fixed price type contract with the ability deliver an additional 12,000,000 course... Sounds like a winner.. Hold on. Contract could be much greater than market cap....
...as Nicehedges already pointed out approx. $500 mil for this`order; $20/pill X 14 pills/course=$280/course X 1.7 mil courses= $500mil.
With a current market cap of 150mil this could easily send us into the teens and with speculation on EUA orders we could easily dble that.
Anyway you look at it LONGS will finally be rewarded!
The RFP will be the rubber stamp for BIGTIME purchasing and on a 25 mil. availiable float(35mil. outstanding), not too much downside will be possible.
Now if we could just get this
cooked market maker to stop
working so hard to keep a cap
on this stock.
I think the low teens are possible
on this next contract.
But down the line we have a
brighter future when we trade several
million shares a day.
It's just a matter of time.
Siga needs to be able to produce said courses. Lets hope ALB is up to the job. Seems they do as I was peeling through the PDF posted a few days ago and noticed Albermarle was also producing an Anthrax drug for another partner. They were gleaming on their CC last month about their fine chemicals business.
This first 1.7M could be worth quite a bit of coin...much more than its current market cap is my guess...then as others have posted, you have the addl option in september which is huge plus international orders as well....this is going to be HUGE