You are comparing an unknown NGIO value to a mutual fund or an ETF that holds actual common shares that are trading on the stock market. So again, that is the issue. Once NGIO is trading on the public market, then GNBT should be able to go up to realize the value of their holdings in NGIO.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.