All good points Boston. Also any major news is going to have to meet shareholder vote at some point. If valuation is too low, the shareholder sentiment could lean toward holding out for competing possible suitors.. If merger plan plays out, a sweet valuation that instantly wins the hearts and minds of shareholders would get quick results and reduce the likelyhood of anyone else getting chance to formulate a bid. (I think im echoing something you or Cl made earlier in this regard)
Still, i would love to hear the actual arguments put on the table for valuation of a biomaterial that might truly own the future of the industry.
glta
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