Nothing wrong with YES and selling. Given the history of delcath, nobody that did due diligence would be ignorant.
Sure if OM phase 3 was complete, buy out interest would be more of a possibility, particularly if ICC trial appeared to be humming along.
Europe I thought back in 2013 would potentially be worth $200 million but the fact there was a market cap of around $5 to $10 million for one year, tells me all I need to know about opinion on Europe.
If bankruptcy filing notice was not as soon as time of reported vote and there was not over $12 million in debt, sure why not speculate if you wish for at least $20 million buyout. $20 million now barely covers debt. $50 million means welcome to 7 cents per share