Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

Just making a statistical reference....
"$300 million is about 10 times the current market valuation."
....in response to:
"Give us three and we’ll shout with glee!"


I suppose I could have left this unsaid...
"I guess it should."
...but for the purpose of understanding my perspective NONE of my holdings could reasonably be expected to provide a tenfold increase in my lifetime.


But that's obviously a function of the high risk, high return strategy that I have foregone in favor of trying to get a medium return at a low risk in investments in Companies whose CEO's first names I don't even know.

"300 million is a slap in the face for a buyout. Leo would never accept that. IMO."
You're obviously entitled to your opinion and I hope you can do better.