After you deduct the cash of each company from the top line, those are the figures.
Dont forget the Tax Loss Credits and patents that make ARNA 60% undervalued
218,000,000 x 4.39 = 957,020,000
Where are you getting 725mm from?
Deduct the cash of each company from the market cap and that's the figure. OREX has $50mm after debt and ARNA about $220mm cash, an approved drug, superior obesity product, with patent protection, and a very promising pipeline.
What is your point ?
Isn't that a stupid question? Yes I think it is.
The valuation wall street gives companies doesn't represent the inherent value of a company in the least is my point.
OREX has hope ARNA no
ICPT has a $7 bil MC and no drugs on the market
If approved it pops then 5 minutes later drops same old same old aka MNKD ARNA...