You are making my point for me. With currently p
Post# of 148155
With currently public information, no company board or shareholders would pay $50 for a stock that is currently trading for about 60 cents as well.
If the price rises because we announce some great news or if the buyer has lots of non public info that they will then share with their shareholders then a higher buyout price is more likely.
The other option is that there is a price now with Contingent Value Right (CVR) which will entitle the holder to receive a payment for the achievement of future regulatory milestones.
But unfortunately there will not be an cash offer right now for $50 which is 85 times todays closing price - it would just not get approved (without release of trial results or a big CVR component)
IMO