Nexien BioPharma Inc (NXEN)

[Renegades17]

Dirt cheap valuation

Considering that there could be $100mm-$200mm of assets that could be dropped down into KDRH, the risk reward is phenomenal here. Mkt cap is only ~$8mm.

Kind of amusing..much cheaper way for the parent to "IPO" its assets versus going through the lengthy and costly SEC registration process. For once, the little retail investor gets a chance to participate at a bargain valuation.