NorthWest Biotherapeutics Inc (NWBO)

[skitahoe]

Doc, while I might love a hostile offer, as it would drive up the share price and perhaps lead to a feeding frenzy as other offers drove the price even higher, I think we all know LP's price is dramatically higher. With the organization she's put together today, I suspect that her valuation in a buyout is now in the $30 billion range, or higher.

Don't get me wrong, we'll get there, but we need the approval of both DCVax-L and EDEN, and then things will start happening.

I have no idea precisely when approval will occur, but if it's several weeks before years end, I expect that other things will happen by the end of the year that takes are market cap to the $5 to $10 billion range. If not this year, it won't take that long after approval next year.

If LP is looking for a buyout, and if $30 billion or more is her target, than a market cap of $15 billion or more makes it possible as few buyouts are for more than double the market cap prior. Depending on what's announced in the several months after approval, such a market cap should be possible next year.

I don't favor a buyout, I believe that if our vaccines are being utilized pretty much worldwide, this company could develop a triple digit billion dollar market cap, or larger in less than a decade. I'd like to see BP partnerships with BP's taking equity at prices over perhaps $20 a share, but we need a $10 price for that to happen.

Gary