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Posted On: 01/10/2021 5:21:51 PM
Post# of 36568
TC,
Unfortunately, the odds are that you are right. But remember that GNBT doesn’t have to do anything but simply own NGIO shares. I own several mutual funds, I don’t “do” anything, but my net worth increases/decreases by the value of the mutual funds. All I’m saying is that people should be looking at the value/potential of NGIO. Other company’s pps have jumped (even drastically) on a lot less. NGIO has Ii-Key, successful breast cancer trials, etc and a respected evaluator says the company is worth $500 million, too bad I can’t buy NGIO shares. But I can buy GNBT shares which actually owns $454,639,935 of that $500 million. That is the problem, I don’t think that the vast public majority understands the concept of a “holding” company like GNBT. Maybe that will start to change and the GNBT pps will reflect it.
I also agree that the NGIO shares are a critical component of GNBT financing, and that is why I “beat the drum” that GNBT keep as many NGIO shares as they can. In other words, reduce the NGIO 400,300,000 outstanding shares as the very last (desperate) resort.
Which is better, owning 1000 shares of AAPL or 2000?
Unfortunately, the odds are that you are right. But remember that GNBT doesn’t have to do anything but simply own NGIO shares. I own several mutual funds, I don’t “do” anything, but my net worth increases/decreases by the value of the mutual funds. All I’m saying is that people should be looking at the value/potential of NGIO. Other company’s pps have jumped (even drastically) on a lot less. NGIO has Ii-Key, successful breast cancer trials, etc and a respected evaluator says the company is worth $500 million, too bad I can’t buy NGIO shares. But I can buy GNBT shares which actually owns $454,639,935 of that $500 million. That is the problem, I don’t think that the vast public majority understands the concept of a “holding” company like GNBT. Maybe that will start to change and the GNBT pps will reflect it.
I also agree that the NGIO shares are a critical component of GNBT financing, and that is why I “beat the drum” that GNBT keep as many NGIO shares as they can. In other words, reduce the NGIO 400,300,000 outstanding shares as the very last (desperate) resort.
Which is better, owning 1000 shares of AAPL or 2000?
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