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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

Big Jeff, Too Greedy at $100. a share? Uh...I thin

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Post# of 72446
Posted On: 11/15/2012 11:00:40 PM
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Posted By: bunny
Re: BigJeff #1875

Big Jeff, Too Greedy at $100. a share? Uh...I think Leo said he would let bidding 'begin' at $100. a share.


If things work out like we expect in these trials, are we not worth Pharmasset type of money in a Phase 2 buyout? Sounds to me that CTIX has more on it's plate than Pharmasett did in a P2 buy-out at $137.


I would think that Leo would create a 'bidding war' scenario after phase2 and Orphan Status and 'fast track' could be declared by FDA.


From my DD I see no reason to take less than $150. BUT...if for some crazy reason we only get a Benjamin for each share...I'll have to live with that since I'm not on the board. -HA!


-bunny-




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