Replies to post #239144 on Innovation Pharmaceuticals Inc (IPIX)

[frrol]

I should add that a buyout is extremely unlikely right now. Not because no one would be interested (at the right price, anything is possible) but because the company is clearly making arrangements for funding (Aspire agreements) our continued operations that included a potential B-OM licensing deal, which doesn't portend a buyout in the immediate future. And the company repeatedly says they want partners, not buyers.

[Rdunn88]

Leo would be lucky to get 5 times market cap value. 2 bucks is more than fair for a company with limited resources.