There is some great detail in the proxy more than supporting your share price estimates. (and my estimates are in the same area as yours)
If true, that many are simply not reading the details, then I would also agree with your previous statement that is seems like institutions have been accumulating... high volume and large blocks have been tossed around abit.
Still really surprised that our market cap is so low given all of the assets associated with the deal. One day, the market will wake up.
-Best of Luck
on a side note, I cant believe I followed that one trial(for so long) and it was not a TPIV/Mayo combo... too funny