Hi Tech,
re the SP... portsmouth would challenge that! (Me too for that matter!) I reckon (ie IMO) you're way too conservative. Following FDA approval, we'd be looking at at least $3. based on the rush to get in by those who FOMO, and from memory, Portsmouth reckons it'll get to $42! But I'm guessing that relates to a T/O offer price. I made a rough calculation (back of envelope stuff) that for each $1B offer, then that equates to roughly $1.20 per share (working on a total of around 800m shares out there (including oppies). We'd have to be looking at a substantial increase in SP just on a T/O offer of multiples of that figure - perhaps 15 to 20B. For me though, as I've always said, I'm in for the long haul and I'm looking forward to divvies. So roll on Christmas for the new SP and then next year for our first divvie!
MTW
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