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gestalt2

04/24/19 3:52 PM

#40093 RE: Blueheel1 #40092

I agree, the disconnect in the SP is so out of whack I try and ignore it. For most of the years I've been in this I was under the belief this would be nothing and then a buyout would occur - like a lottery ticket. Now I tend to think there are many developments that will occur to set a value over time. Many separate partnership deals and FDA approvals will each move this SP into reality. I am not crazy about the time these will take. The "go it alone" talk gives me the feeling this will not be a one day we wake up to a complete done deal. However, the threat to BP can very much compel a big deal all at once.