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Re: glg20 post# 62698

Friday, 11/17/2017 10:12:55 AM

Friday, November 17, 2017 10:12:55 AM

Post# of 140474
I think I billion is a VERY low number if they pass FDA submission. Even low prior to submission... Prior buyouts for things with much less potential profit have gone for almost double that. I think based on current share amount of 500million, we should expect 5 to 10 based immediately around FDA submission. I think they hold out to receiving the go ahead nod from the FDA... the work is already done at that point. A 5-10% valuation to the ONLY current competitor is realistic. 2.2-4.4 billion. ESPECIALLY now that we know VERB is NOT competing with their own platform!! To me that is huge! Of course, that is a full BO, not a merger blah blah blah