CANF = MC $10 M --3x Phase 3 -- Phase 2 Data of NASH trial imminent =BIG OPP

Discussion in 'Stock picks and trading strategies' started by DollarChamp, Jan 13, 2020.

  1. DollarChamp

    DollarChamp Member

    Market Cap $10 M -- Cash $7 M-- Shares Out 4.7 M --NASH Phase 2 results imminent ($35+ BILLION MKT with no approved treatment to date -- Additional 3 Phase 3 programs in different indications ongoing .. this low float could be the next 10 bagger and even then it would be cheap if everything goes well .


    Market Cap $10 M
    Cash $7.1 M
    Price $2.72

    Shares Out 4.7 M


    Presentation
    https://content.equisolve.net/canfite/media/21ad6a7941d2eadbcf05c0b7ec2d8475.pdf


    Letter to Shareholders
    https://finance.yahoo.com/news/fite-ceo-issues-letter-shareholders-120000180.html

    Q1 2020: Topline results from NASH Phase II study expected

    Advanced stage clinical pipeline positioned to potentially generate more non-dilutive funding through out-licensing distribution agreements

    Two Phase III studies enrolling in psoriasis and rheumatoid arthritis


    Advanced Stage Drug Maker in Multi-Billion Dollar Market Receives Buy Rating & $9 Price Target from Dawson James
    http://www.canfinfo.com/


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