I agree this is a little overvalued with what we know. And we definitely need more solid information. Lots of conjecture surrounding this stock. But the market is a forward looking instrument and it's telling me investors expect something positive. From what I see I believe there's a merger in the works.
the market trades the future , expectations about the future. I think behind the concept here are a big dynamic and convincing activities. that´s the basis for higher valuations. good luck to our management.