ICCC: ImmuCell Corp
Cash per share is 1.73 with no long term debt. They own a 26,800 square foot building at 56 Evergreen Drive in Portland, Maine. Enterprise value is only .63 : Price (2.20) – (1.57) (Cash – Liabilities) = .63 EV
This biotechnology company is dedicated to marketing products that improve animal health and productivity in the dairy and beef industries. Their product focus encompasses prevention, diagnosis and treatment of bovine diseases.
The key risk is FDA approval of Mast out.
I have a position in ICCC.
Additional positive insider activity today 06/09/09
Additional positive insider activity