(Total Views: 386)
Posted On: 03/18/2022 11:06:22 AM
Post# of 154003
Again, and this time I will say it slowly: I...never...said...leronlimab...is...worthless.
If you have an asset that has value but cannot bring it to market, are running out of funds, have no clear leadership at the top, and are alienating your shareholders, what leverage do you have? Congrats and enjoy your leverage as the IP you used as collateral disappears.
IF there was a bidding war, THEN there might be some leverage, but we have ZERO reason to believe there is such a thing, and the share price supports that notion. For a BO, one would want/expect certain multiples of the current SP. "Oh boy! I can't wait to get $2/share!" exclaimed no one on this board, ever.
If you have an asset that has value but cannot bring it to market, are running out of funds, have no clear leadership at the top, and are alienating your shareholders, what leverage do you have? Congrats and enjoy your leverage as the IP you used as collateral disappears.
IF there was a bidding war, THEN there might be some leverage, but we have ZERO reason to believe there is such a thing, and the share price supports that notion. For a BO, one would want/expect certain multiples of the current SP. "Oh boy! I can't wait to get $2/share!" exclaimed no one on this board, ever.
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