If the stock price is not market value then what is? If your house is worth $200k in the market, why should buyer(s) pay you $1 million for your house?
IPIX is now worth $98 mil, why would any sane BP pay $10 B (100 times) to acquire them?
My original post states that "I'm happy *if* the company is acquired RIGHT NOW for $500 million. How far fetched is that? Isn't it more realistic for a company that still doesn't have a phase 3 trial?