It is not about 'fair value' - what is that anyway?
It is about gut feel and we all have that to a certain extent. It's about premium over current SP. What was Reata's premium?
I'm just guessing, but unfortunately I can't guess other than what I guess. Pretty useless really I guess.
The $50 is for now. What have we actually got. A minor piece of an approved drug and three small 'unplaceboed' P2's. Give me one or two successful 'placeboed' P3's and the price goes up enormously, but we are way off that atm and will be for a long time yet.
I will stick with my fifty bucks for a pre P3 offer. If we get one I think it will be accepted. Anyway, what I or anyone else on here thinks will not affect anything - what will be, will be.
Share Price, page-11131
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