Well stair stepping attracts new investors. When someone sees a 100% spike they feel the “I’ve missed the boat” . But with regular consistent 15-20%+ days from now til buyout is way better for everyone.
Slapping asks and holding for a reason! Fair value is @ Dollar Land!!
Folks, I think PR is imminent. Biotech stock GLSI ran from $3 through $158 in a single day! We may see a similar type of run here any day now.
SBFM has a number of shares outstanding only 346.41 million including restricted shares of 11.154K. With such a low OS, PPS @ $0.25..$0.50..$0.75..$1..$2..$5++??, anything is possible. https://www.otcmarkets.com/stock/SBFM/security
As per MNP (one of the largest public accountancy firms in Canada), an estimated Fair Market Value of issued and outstanding shares of SBFM as at March 31, 2017 was in the range of $977.0 million to $1,133.0 million.