Biotech for less than cash value Message Board

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Biotech / Medical : Biotech for less than cash value

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From: scaram(o)uche	8/12/2021 1:40:48 PM
	of 684

Took a (hopefully) longer term position, after swearing that I wouldn't. ACHL. 6/30/21 cash was $299m. Shareholder equity was $324m. Quarter's burn was $17m. Yahoo has 40.6m shares outstanding. Weighted shares out, 6/30 earnings report, was 35.7m. Using yahoo's number, market cap is $245m. Current liabilities, 6/30, were $19m. No debt, otherwise. ir.achillestx.com Neoantigen detection and utilization is a tough business.

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