Not sure what kind of NOLS CYTR is holding? They can definitely add value though. I am in another biotech that was able to sell a portion of their 2018 NOLs to a BF buyer at 86% (give or take, but was in this range). It helped raised some much needed cash at ye. In short, I completely agree with you.....if CYTRX is holding onto some NOLS, they do add value. I would put an 80 - 85% of actual value as an estimated premium. Once again - I am not an expert, just throwing out opinions. FYI - that 193K is still sitting there holding the line at .565. Good luck to all!
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