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   Biotech / MedicalBiotech for less than cash value


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To: rkrw who wrote (656)5/9/2022 10:47:33 PM
From: DewDiligence_on_SI
1 Recommendation   of 684
 
This board should be closed and replaced by a board discussing biotechs trading for MORE than cash value.

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To: DewDiligence_on_SI who wrote (657)5/9/2022 11:48:52 PM
From: rkrw
1 Recommendation   of 684
 
NWBO $1.8b market cap, $15m in cash, #3 performer on the year :)

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To: DewDiligence_on_SI who wrote (657)5/10/2022 9:09:29 PM
From: rkrw
2 Recommendations   of 684
 
That was more timely than I could have known on NWBO :)

Negative tech value leaders

GLPG a whopping $1.72b (through Q4)
KOD: -$388m (through Q1)
ADGI: -$283m (through Q4)
MOR: -$248m (through Q1)
CNTB: -$232m (through Q4)
SBTX -$212m (through Q4)
AVIR: -$209m (through Q1)

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To: rkrw who wrote (659)5/11/2022 12:39:21 PM
From: A.J. Mullen
   of 684
 
NWBO: the market cap was a surprise given it's (now) trading for pennies, but there's nearly a billion shares outstanding.

I'm still puzzled regarding the boost then fizzle of interest. Did the public presentation yesterday dashed rumours?

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From: A.J. Mullen5/23/2022 1:54:13 PM
   of 684
 
NVTA is interesting. Nearly $900m cash but the free cash flow is $-617m.
The market cap is $825m. The stock price is down 90% in a year.

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To: rkrw who wrote (650)9/26/2022 4:37:14 PM
From: Bladerunner17
   of 684
 
What are the latest stats for companies trading for less than cash? Alphabetical order would be useful.

Thanks.

Bladerunner

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To: rkrw who wrote (650)9/27/2022 4:29:22 PM
From: rkrw
4 Recommendations   of 684
 
Below is through 9/23. Bladerunner has kindly volunteered to contribute and alphabetize this.

Virtually all of the below are updated through Q2. This is not net of debt, some are buried in debt. Some may be well below cash now but with ongoing spend will soon be well below or even out of cash.
222 names.

Company%C
Adxs, 744%
Tnxp,599%
Sgtx, 544%
Kala,541%
Cbio,510%
Caba, 508%
Elev, 462%
Oncr, 452%
Avro,435%
Tlis, 406%
Logc, 397%
Pte,381%
Cfrx,375%
Agtc,373%
Afib, 364%
Obsv,353%
Phge, 349%
Itrm,346%
Vinc, 346%
Pyxs, 345%
Nbrv,340%
Algs, 336%
Bolt,335%
Pasg, 334%
Otic,332%
Pulm, 329%
Imnn, 328%
Crbp,322%
Acor,317%
Ruby,314%
Vyne, 309%
Nltx,306%
Aytu,306%
Amam, 301%
Vblt,299%
Cala,299%
Aptx,298%
Mtcr, 297%
Aezs,297%
Fbio,291%
Xcur,284%
Prqr,281%
Frtx, 281%
Harp,279%
Tcrr,278%
Sprb, 277%
Sldb,276%
Tpst, 265%
Meip,262%
Qtnt,257%
Mtem,257%
Siox, 252%
Hgen,251%
Fixx,250%
Htgm,247%
Akba,243%
Advm,242%
Glmd,242%
Surf, 240%
Ctmx,238%
Plxp,236%
Snti, 234%
Snse, 233%
Ubx,231%
Ontx,231%
Dffn,229%
Gray,227%
Nxtc,220%
Fusn, 220%
Mbio,217%
Nbse, 214%
Bxrx, 214%
Amti, 212%
Atha, 211%
Cntx, 210%
Rmti,210%
Cdak,210%
Bdtx,209%
Angn,203%
Slrx, 203%
Elox,203%
Glyc,202%
Olma, 202%
Tals, 201%
Agle,200%
Lsta, 196%
Nviv,195%
Xbit,194%
Jspr, 193%
Cemi,192%
Sesn,192%
Evok,190%
Pepg, 190%
Pali, 189%
Xlo, 189%
Dtil, 189%
Vrpx, 188%
Icvx, 186%
Cocp,186%
Eldn, 185%
Onct,184%
Rgls,184%
Gmtx, 182%
Frln, 180%
Grph, 179%
Cycc,178%
Rdhl,177%
Hepa, 177%
Asln,177%
Achl, 176%
Vlon, 176%
Sttk, 176%
Uncy, 175%
Epix,175%
Rcor, 174%
Trvn,174%
Crdf,173%
Tcrx, 172%
Bysi, 171%
Cyto, 171%
Eftr, 171%
Atnx, 171%
Cmmb, 170%
Hypr, 168%
Oric, 168%
Alrn,167%
Bcel,167%
Tara, 165%
Fbrx,165%
Prds, 165%
Psnl,163%
Mgta,162%
Freq, 162%
Casi,162%
Arav,161%
Crvs,161%
Blcm,159%
Elym, 158%
Cris,157%
Nuvb, 157%
Glpg,156%
Indp, 156%
Sybx,156%
Zyne,155%
Syrs,155%
Sqz, 154%
Asmb,154%
Spro,153%
Blph,152%
Lian, 150%
Nhwk, 147%
Cgen,147%
Grcl, 146%
Ikna, 146%
Ivvd, 145%
Vtgn, 145%
Dmtk, 144%
Prax, 143%
Abio,143%
Onvo,142%
Kron, 142%
Tyme, 141%
Ktra, 141%
Avir, 140%
Lbph, 140%
Isr,140%
Rphm, 139%
Slno,138%
Clxt,138%
Bntc, 135%
Icpt,135%
Ekso,134%
Tnya, 134%
Ayla, 133%
Adap,132%
Lvtx, 130%
Nvta,129%
Kod,129%
Inzy, 127%
Grtx,124%
Fhtx, 124%
Fnch,124%
Cntb, 122%
Aplt, 121%
Mor,120%
Dbtx, 119%
Npce, 119%
Wint,118%
Pypd, 118%
Ovid,117%
Cnta, 117%
Ltrn, 117%
Akus, 117%
Lab, 116%
Evfm,116%
Idra,116%
Agrx,116%
Autl,116%
Alec,115%
Itos, 115%
Qtrx,115%
Hook, 115%
Dmac,113%
Gbio, 112%
Scyx,112%
Apto,111%
Jnce,110%
Dnay, 110%
Abos, 110%
Rzlt, 109%
Qsi, 108%
Rpid, 107%
Life,106%
Nktr,106%
Atra,105%
Tmbr, 104%
Blrx,103%
Apre,103%
Clls,102%
Stro,102%
Xfor,101%
Tenx,100%

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To: rkrw who wrote (663)9/27/2022 4:56:00 PM
From: Steve Lokness
   of 684
 
Oh my gosh! Look at how bad it is now compared to January;
Message 33681925

Got to be some of these that could merge together and have cash to get through the doldrums I would think. I have been picking up a few just recently - which hasn't proven to be a good decision ...............at least yet.

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To: Steve Lokness who wrote (664)9/27/2022 5:14:57 PM
From: rkrw
   of 684
 
Median name was down 50.2% on the year as of that cut, with very few stocks up on the year. Just 6 stocks have doubled vs 25 down 90% or more.

At least one got munched for their cash on hand in TYME. I'm sure they'll be more where that came from. Perhaps some activists will come alive too and try to shut companies down and distribute the remaining cash.

Also seeing some of the lovely companies trading well below cash, raising cash.

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To: rkrw who wrote (663)10/3/2022 9:48:42 AM
From: rkrw
1 Recommendation   of 684
 
Miracles can happen, #11 on the list, LOGC acquired by AZN at a 600%+ premium, but still a smidge below what it started the year at.

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