Replies to post #379886 on Elite Pharmaceuticals Inc (ELTP)

[IB_]

The CEO is a lawyer, I'd say he could argue a 20% premium would be fair ?????

Call it $0.04 per share ??? Who is going to argue and win ???????????

IB_

[The ELTP King]

20 cents minimum.

Nasrat on a LIVE CC: "Elite is worth AT LEAST 400% higher than we are today."

This was back when Elite was trading at .04

400% times .04 = .20

Nasrat doesn't even have 10 PERCENT of this kind of money so it's pointless to even mention.

What’s your price prediction on what Mikah would have to pay to take Elite private?