Aurinia Pharmaceuticals Inc (AUPH)

[Churchill54]

We would all like a higher price but the reality is that a buyout will be based on the anticipated future revenue a company can expect and the period of time in which to realize that revenue. I understand that peak revenue could be around 2 billion and we might be protected until 2037. If we can get between 2-3x that amount for a buyout after approval I would think most of us would prefer that rather than waiting an indeterminate amount of time with no assurance about how the stock might act. I suspect we get a bounce upon approval but as far as a substantial gain I think we won’t see it without a buyout. I am convinced that management will try to get the company sold as soon as a decent offer is forthcoming after approval.