Know what that $500m appraisal is worth?? Nothing!
Post# of 36536
Common sense, if nothing else.
If someone truly believed that, theyd be gorging themselves in gnbt shares right now, same as they would have 1-2 years ago. Dont fall for it no matter how much you want to believe.
Shareholders have been BS'd by gnbt for years. The company is now in BK, investors currently hold worthless shares but ngio is worth $500m?
When someone finds a buyer for $500m, or even $50m, let me know