BioAmber Inc fka BIOAQ

[rockettjay]

You are correct.

One of two things needs to happen for BioAmber to be profitable. The price of oil needs to rise above 100 a barrel (give or take).

OR

BioAmber to needs to run at 60% or greater capacity.

The problem for a financial investor is they don't want to wait years for either of these two things to happen. They want quick money. Therefore I doubt BioAmber as a whole would be purchased.

Instead, the most likely scenario is a strategic investor would purchase the plant and either use it to make succinct acid, or another fermented chemical. Any other assets that sell at auction are simply the cherries on top.