Biotech for less than cash value Message Board

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Biotech / Medical : Biotech for less than cash value

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To: JamesK who wrote (604)	12/6/2021 12:18:26 PM
From: Area51	Read Replies (2) of 684

<<PASG Passage Bio getting down close to cash value.>> Is it there yet? Another one I think is interesting is BCEL, Per Q3 report they have (Current Assets - Total Liabilities)/37 million shares of 3.18 per share. Currently at 3.31 but closed under 3 on Friday. 27 million per quarter of cash burn, Analyst price target of 24 would be a nice return: marketbeat.com Seems like if someone did a screen now for biotechs trading under cash value they might get several (dozens?) hits. Please post if you find anything that looks good. Thanks, A51

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