It wouldn't go from $.50 to $10 immediately. It
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Posted On: 03/01/2022 12:53:59 PM
It wouldn't go from $.50 to $10 immediately. It would go from $.50 to $4 over 2 or 3 weeks based on rumor due to leak and then to $10 when announced.
Another scenario would have it go to $4 when strongly rumored then higher when a second suitor emerges.
In any case, with very positive test results whether for cancer, nash, hiv, and the near certainty of approval, $10 is a fair price. At $10 the takeover cost is roughly $10B, well worth the price for BP.
Another scenario would have it go to $4 when strongly rumored then higher when a second suitor emerges.
In any case, with very positive test results whether for cancer, nash, hiv, and the near certainty of approval, $10 is a fair price. At $10 the takeover cost is roughly $10B, well worth the price for BP.
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