There are some on this board who voice the view that the company wil, in the course of the coming year, be taken over. I am intrigued as to how they would value the company, given the disruptive nature of the technology, and the lack of firm contracts at this point in time.
I doubt that an attempted take over would go uncontested. Lets say 2, even 3, of the top ten pharmas decide to do battle (who is going to let it go to the opposition for a song, and without a fight?) and you are the FD of one of these companies. At what share price do you cry 'enough'?
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