xfirestormx
I agree with you. I wasnt pointing to the share price incorporating the most optimistic set of assumptions. I was refering to jojo's royalty expectations.
BTA is probably very cheap if management can complete a good licensing deal for LANI. The big problem with this statement is it requires BTA management to perform. There is not much evidence of them being capable of doing as much.
Bear this in mind - BTA shareholders are effectively betting that BTA management wont stuff up. My question is - how confident are you in the management? The answer would go a long way to explain the current share price.
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