say 800m shares on issue when sale occurs (i currently get 742,741,284 fully diluted, including convertible notes)
$50m = 6.6 cents (including options cash)
$75m = 10 cents
$100m = 12.5 cents
personally, as posted, as was pointed out to me by director Mike Stewart, long ago:
1. Africa dominated by big pharma & political connections. no way SUD can enter this market
***
so it depends on who really wants Artimist
Big Pharma are ruthless. CXS was a stock they possibly destroyed, then took over cheaply
imo, a bidding war may see $100m or 2 bagger
companies like BHP & Chevron have an interest so there may be a bidding war
otherwise, SUD is at the mercy & control of Big Pharma
if no bidding war, could be taken over as low as 7 cents
10 cents or $75m, imo, is excellent
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