No one is trying to sell a $5 widgit for $100 nor
Post# of 72446
(Total Views: 233)
Posted On: 03/19/2018 12:10:54 PM
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No one is trying to sell a $5 widgit for $100 nor is anyone willing to pay that price.
With some of the numbers thrown around here one would have to wonder.
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That's why I think it would be best for a "Pfizer or Novartis" to buy IPIX with shareholders receiving stocks as well as cash to be able to continue sharing in the growth of these compounds in the future.That,I believe would be in the best interest of all shareholders based on what we are able to see from where we are sitting.
It may be the better course for IPIX investors (I'm not certain) but certainly not for BP. BP has deteriorating pipelines but piles and piles of cash which are only getting bigger with the recent tax reform (repatriation) law. BP is in the business of turning cash into new pipeline/revenue streams. You don't dilute your stock when you have more cash than you know what to do with.
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What does happen however,will be based on what Leo and Dr.B see from where they are sitting.
Amen. I have full confidence they will get us the best deal available. Looking forward to selling our widget for $100 but if $5 is the best we can get I'll be thrilled with that as well. Lord knows it beats $0.56.
Go IPIX!
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(1)Innovation Pharmaceuticals Inc (IPIX) Stock Research Links
All my posts are my own personal opinion and speculation. They should not be used as the basis for any investment decision. No, I am not Scottsmith.