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  4. Innovation Pharmaceuticals Inc (IPIX) Message Board

I don't believe a buyout is likely. I believe a pa

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Post# of 72446
(Total Views: 417)
Posted On: 02/19/2019 11:55:01 AM
Posted By: Lemoncat
Re: bandg #53308
I don't believe a buyout is likely. I believe a partnership is far more likely. It gives IPIX a chance to prove higher value of the drugs and allows pharma to lock down the drugs with significantly less upfront risk.

Those numbers are where I think a buyout would be. They would be lower than what IPIX wants and significantly more risk than BP wants. That is why partnership is most likely.

Where have you ever seen a buyout for 15-30x a company's market cap? They would just start buying stock instead of paying numbers that high.

Current market cap does matter in buyout negotiations.


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