Irrational meets rational Time to decide. Bottom feeders are ready to take your shares and sell them back to you at an elevated price.
Objectively:
1. Net new global deal with Abbvie worth at minimum the current valuation alone, and likely 2x that. The company has a clear path to profitability. I have zero reason to doubt this. It will be the cash stream that funds and supports all the scientific possibilities and bring this to ultimate buyout.
2. There are indications that this year brings in a new CEO. At this point, I would say this alone would bring a significant bump in valuation.
3. Pets, anti-aging, and anti-viral are big hitter files that stand a reasonable chance to be positioned for massive success, maybe in the near term. I see at least two recent like scenarios where next day valuation is 10 fold higher on a single deal or development event.
4. Scientific capacity is expected to get an important boost with the independent review. There looks to be a conscious shift towards higher paying pharma vs cosmetic. The science there is absolutely without a doubt world class.
My goal is to exit gracefully from this stock once the aforementioned is realized. I will let you know when I do.
Unless there is something extraordinary to talk about, its time I give this a break and let you guys figure it out on your own.
I have said what I need to say, and I am tired of trying to convince all folks in the boat that dry land is coming.
I can see the birds in the sky, and that is the first indicator its coming.
GLTA and do your own diligence before investing, or divesting.
Biorun
Trading opening price bid/ask 13.5