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DEVJ

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DEVJ

Re: catty post# 506

Tuesday, 06/04/2019 4:41:56 PM

Tuesday, June 04, 2019 4:41:56 PM

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Catty, I'm looking for $20. We have yet to receive significant revenue, and Novo has several more significant milestones in the near future, so I believe the price is going substantially higher barring any unexpected negative events. If Emis were to land ANY other partnerships, I believe we would pass $25. However, keep in mind stocks can be bid-up irrationally and beyond fair value (happens all the time), so this could well exceed $30.

All this assumes a buyout of some sort doesn't occur any time soon. If a buyout were to occur, I still think we could realize $20; since I don't believe MHR would accept less.

Of course please realize this is just my guesstimates.
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