Little T, You beat me to the punch somewhat. I’m of the opinion that JP and NEU as a management group have already performed their internal modeling which has possibly resulted in a number of different valuations depending upon the FDA endpoints, additional indications, successful P3 (possible multiple if required) and the possibility of a number of interested party’s. Personally I believe if any of the above comes to fruition the current SBB is buying at 33c in the dollar.
NEU Price at posting:
$12.50 Sentiment: Buy Disclosure: Held
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