To the biotech pros on this board: Is there a for
Post# of 72440
and cash on the balance sheet? For instance, lets say the first partnership announced resulted in $5.00 in cash per share being paid to IPIX. Is there a rule of thumb as to what IPIX shares should then trade at? This is my first rodeo in biotech and I am anxious to learn. Can anyone post others that are similar to our situation and what they are trading for? TIA to any that choose to share. Go IPIX!!!