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Biotech / Medical : Biotech for less than cash value

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From: scaram(o)uche10/13/2017 5:29:35 PM
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(amazed at how fast Southwell has moved)

itek.... chagrined into studying the sucker today.... trading after hours at a MC of about 72M, merging with Rocket Pharma which brings a little cash. Have not looked at details, but believe prospectus shows that merged entity had pro-forma 137M in cash and short term investments. Book listed at 83M.

I am trying to understand today's volume and put it in context. Looks like the future of the company is in slide 15 here.....

rocketpharma.com

Rocket CEO reads like mover/shaker of western world. Website looks like it was born yesterday. Claim three more projects in clinic, next year.
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