At this stage, we are only talking about solid tumors. As shown in Dr. Bosch's presentation, viral antigens were also found on dendritic cell surface. NWBO hasn't scratched the surface of anti-viral field yet. What if one day NWBO does a clinical trial like the following?
Just like NWBO Immunomedics was an almost zero (20 million) revenue biotech Just like NWBO Immunomedics claimed to have a platform for solid tumors Immunomedics catered to a much bigger market (Immunomedics Trodelvy is for breast cancer) than NWBO however with many more competitors. Just like NWBO Immunomedics claimed Trodelvy can be used for all solid tumors Just like NWBO Immunomedic had not started any meaningful P3 trial to provide evidence that Trodelvy is actually effective for all solid tumors
So with 1.5 billion shares O/S (1.1 now + 100 million max more dilution + 250 million for NWBO management) that would get us to around $ 16 per share buyout