And this is where it hard establish what NEU is worth
$2B today sure seems fantasy given current MC
Look at potential pipeline of drugs and revenue, $2B sale looks cheap for Neu
If Phase 3 is unsuccessful then we are worth zip!
As I have noted before I can’t see how management would accept anything less than $10-$20
recent reports supported by management indicate their view of current valuation 6 + months ago being $4-6 dollar range
I think a recent poster pointed out IPO listing price for Neu many years back was 50cents old money $5 today’s money, surely these holder potentially including LW want a nice return on that
Looks like we are more or less going to get close to end of Phase 3 trial before there maybe potential offer which is all or nothing
in the meantime this will be $4 shortly as we draw closer to trial
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