That seems a little harsh rmp. Biotron have done a lot of work and could possibly attract a partner with the work done to date. A deal with a tiny amount of cash like $25mil would be a miniscule gamble for a larger pharma partner but would equate to additional cash of approx 10c per share, plus the obvious rerating of the chances of BIT225 getting to commercial production and providing good regularly earnings. Under this scenario 20c would seem quite reasonable, if not cheap.
On the other hand, the chances of seeing $2 per share are a little more remote. That is unless the co-infected trail shows some much more definative results than the standalone HIV trial did. That is possible given the longer duration of the co-infected trail and the fact that in that trial BIT225 is being administered in cocktail. Even though I'm excited about the coinfected trial, I'm not holding my breath for $2.
Can't be down on Sav for having a positive attitude though. Its much eaiser to take a pesimistic attitude under the gise of "realism" than it is to seek out of possibilities of something truely great happening. Sav just happens to be glass half full and nothing wrong with that even if in his excitment he may stretch the point a little. Just got to take his posts in the context in which they are meant.
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That seems a little harsh rmp. Biotron have done a lot of work...
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