Replies to post #34153 on BioAmber Inc fka BIOAQ

[Moneyyyyyy]

Finally someone who is at least reasonable. Dreams are free. 1 dollar holler

[Zorch305]

it's my opinion I don't care what the stock price is at the moment it's manipulated

[Zorch305]

okay 1.60 then

[zomoney]

Net Assets (property and equipment) is listed at about $50m in last filled 10k. A PPS of on the high end of what you’re saying ($0.2) values the company at $25m. The debt is about $60m (not even including pwc cost) so you really think the creditors stopped a company generating $20m in revenues to shut down and sell for half the money they’re owed? Sounds like you must have really thought out your analysis (n)

[motorcityAce]

Its funny.. We saw .088 a month ago.. So we can get to .10 or .15 without and news.. But when news hits..Buyout or JV we soar... And you expect me to beleive the biggest SUCCINIC acid plant in the world is worthless?

When you supply the WORLD with succinic acid and your the biggest. You will generate revenue..Big Time..

[kevroc]

Appreciate all your contributions Kartal!
And I can certainly understand your realistic PPS based on recent trading action.

However, you do a disservice to new readers by ignoring the fact that Pricewaterhousecoopers, a huge, well respectected, professional accounting firm which is #2 of "the big four" firms in the world... and just happens to be the court appointed monitor for BIOAQ... has valued this company at $1.61 PPS at the time of filing BK.

That is a very reasonable market cap of $208M.

So... with 2 confirmed strategic bidders battling it out... I have my sights set at $1.61. JMHO of course.