Flying Alba, glad to contribute. Haven't added to these boards for awhile. Back in the days of a useful "Yahoo" board we had some quality discussions on AVXL valuation. To which point I took the time to "model" an approach to rationally estimate a present value based on probability of an eventual success.
Of course rationally guessing the probability of success is the real tough issue.
I think that LakeshoreLeo was active there and participated in those discussions.