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underpar71

11/23/22 12:29 PM

#538040 RE: VikingInvest #538033

I agree with your first paragraph, not the second. Any potential buyer could obviously buy 4.9% in open market at the current prices, why wouldn't they, and then make an offer for the rest if buyout is the direction. As far as pricing/value for a buyout? I believe the market would help dictate that. LP would likely not even engage in conversation with offers based on current share price. We are probably $4 below current known value when you include the data, patents, manufacturing status. I could see $10-15 offer with what is currently known, and once applications for approval are submitted. After approval it would be much higher.

Kaizenman

11/23/22 1:44 PM

#538078 RE: VikingInvest #538033

VI: I believe your hypothesis regarding retail soaking up the float is likely correct and "they" may need to go to page 2 of the playbook and sponsor a large upward move to get the number of shares to shake out. Page 1 of the playbook has been used so much that it is almost futile at this point for "them". JMO

Peace.
Bullish
Bullish

biosectinvestor

11/23/22 2:07 PM

#538088 RE: VikingInvest #538033

Yes, re other methods including the merger option with a SPAC, has occurred to me though it is fading a bit. But you really do never know. Great post.

VMLG17

11/23/22 2:18 PM

#538097 RE: VikingInvest #538033

Viking, as I’m sure you and most others are aware, forming a SPAC or some other new corporate structure, even alongside a partnership/milestone-based buyout, is right up LP’s alley. I would expect this sort of strategy before a reverse split if it’s needed.
Bullish
Bullish