InvestorsHub Logo
Followers 0
Posts 64
Boards Moderated 0
Alias Born 03/24/2008

Re: ABBAZABBA post# 4308

Sunday, 07/23/2017 1:37:51 PM

Sunday, July 23, 2017 1:37:51 PM

Post# of 7747
If a deal is close to being completed, listing or delisting is completely irrelevant. Even if the pps drops it is completely irrelevant. If a deal gets done over the next several months, investors will be rewarded.If no deal can be reached, buyout,jv, or contract manufacturing- then no NDA- and investors get clobbered.

Also the FDA is not requiring more data- there is no significant short term capital drain - there is no urgency to begin NDA or complete a deal. If it takes until yearend so be it.

Having said that I expect an announcement within 90 days as I believe interested players and their offers are on the table- and further delay is unlikely to enhance value significantly.!I believe SCLC trial not being released as part of non disclosure agreements with serious parties.

I am long- think a buyout likely- probably 3-4 dollar range- because we have no leverage. We can not bring this to market on our own. I hope and pray that multiple buyers are elevating the price but after experiencing astellas rape OCAT shareholders (like me), I believe an equitable valuation is unlikely.

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.