That's a tough question, it all depends how much you trust Red Oak and how long you want to wait for the return.
If you take the 15.5 ml in cash right now ( including the escrow ) and divide it by the OS, you land on .012....the issue is how much money will be burned up in the next 1-2 years.
This is why imo the pps stalled where it did, .007ish, seems to be the " how much do I want to gamble " line....
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