Replies to post #244736 on Innovation Pharmaceuticals Inc (IPIX)

[DesireToLearn]

If no one wants it now then why buy it at auction? Because they don't want to pay for true value? My guess is deal after FDA meeting.

[groton68]

BK won't happen. IPIX can go for years as is by cutting all expenses and just sit on B. Market cap fully diluted is about $50MM. I believe B is worth some multiples of that. You pick the number.
I have no idea what number Leo is asking for. But I'm guessing that the BP is lowballing. They're playing the dance