If think that *if* an offer comes our way it will be considered thoughtfully by Jon and the board, based on what we have achieved at that time and what our future looks like. I am a firm believer that this exercise is about padding out our valuation, and that we'll either issue an exclusive license for 2591 (ex- Fragile X and Retts), or be taken over in a 'friendly' transaction. The comment from Jon saying that he wants an outcome that gets the treatment into the hands of the most patients as soon as possible is a win for both investors and patients alike. I think a forced takeover occurring (which is against the board's recommendations) is unlikely.
Right now it is still my feeling that we're 20%~ below a very conservative valuation on what we have right now, with no further success assumed so in my eyes it makes sense to stay the course and see what the next 6-12 months hold as the upside is large, and the downside is somewhat limited (pending something very left field) Daybue, PMS and our cash balance gives us a floor to our SP. That floor is lower than I thought but it is there, somewhere
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Last
$19.50 |
Change
0.190(0.98%) |
Mkt cap ! $2.490B |
Open | High | Low | Value | Volume |
$19.39 | $19.98 | $19.38 | $7.285M | 370.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 7318 | $19.50 |
Sellers (Offers)
Price($) | Vol. | No. |
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$19.52 | 593 | 1 |
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No. | Vol. | Price($) |
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3 | 2061 | 19.500 |
1 | 250 | 19.460 |
1 | 256 | 19.450 |
2 | 165 | 19.400 |
1 | 134 | 19.350 |
Price($) | Vol. | No. |
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19.950 | 100 | 1 |
19.980 | 1561 | 1 |
19.990 | 500 | 1 |
20.000 | 7190 | 7 |
20.020 | 2581 | 1 |
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Last
$19.55 |
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Change
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Open | High | Low | Volume | ||
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