Agree with you completely,
IMO, Advent always had real value and still does. The deal to buy it was good for NWBO,
We have many on both sides being two faced on this issue. Bulls saying Advent was nothing but contract employees and now it is huge. While bears saying LP was going to rake 100's millions on this and now it is worthless.
I do suspect we will see some current accounts moves by LP that will make the deal more expensive than it seems. Also, I expect the book value of Advent (after NWBO AP deleted) to be negative. But both those are minor in global context.