Unfortunately, what I'm speculating for the mid/long-term is based on other speculations, lol. I do think I have a general idea though.
IF we execute a development collaboration agreement with Gilead, we are likely to receive billions in upfront payment for research. Given that we ceased dilution and extinguished convertible debt tells me that Gilead who will likely now own a significant portion of equity is planning ahead and does not want to dilute their equity. In fact, I think that they are probably going to push for a share buyback. That's what I would do, especially if there is as much value here as we think there is.
I think by June, the PPS will be $5-$20 especially if a share buyback is in store for us.
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