Yes there are calculations behind valuations - just have a look at the Expert Report appended to the 2019 deal. They must have assumptions whether as a bidder or target - the board cannot say it seems ok - they get an expert to do a valuation and that is what they base their decision upon.
Ann: Imugene completes $90 M placement and launches $5 M SPP, page-398
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Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $271.1K | 5.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1175536 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 454190 | 5 |
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