I think this goes some way to answer questions regarding a buy out.
97c NPV = 150% - 250% premium to buyer for the BOD to recommend accepting the offer. = $1.45 - $2.45. Premium is simply my guess.
Obviously higher with a continuation of positive results. These are short term guesses.
Cheers
Ann: PharmAust Partners with Berry Consultants for MND Phase 2/3, page-30
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