1. Most Discussed
  2. Gainers & Losers
CT1 1.5¢

for johnmcconks - a bit more

  1. ds

    7,132 Posts.

    take a look at a chart of MBP to see what will probably happen to AGX over the nex couple of weeks. I think we will se it settle into an 80-95c range for a couple of weeks but I do think we will clear $1 around the end of the year (Mid Nov-mid Feb).

    I think we will see $1- $1.30 around the start of the Phase II trials (Mid Jan to Mid April) and from there it depends on the results. If the can clearly show Pulmonary Emboli on the lungs it should be $1.50 - $2. If they take it further and find abdominal PE's etc you might see the FDA fast tracking the product and that should see $2-3. At the Phase III time I believe $2.50-$5 will be the range as success should spell net profit for AGX of A$50m-$120m ongoing. Using $50m and a P/E (price earings) of 15x you get $4.87. By the time Phase III comes about we should be forcasting 10% of the imaging market which should net AGX about $120m or a share price of $11.69. As no one would take that number seriously I stick with predictions of $4.87 for now.

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.