TSXV:BTI.H - Post by User
Comment by
TechnicalBuyon Jan 28, 2012 8:57am
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Post# 19460955
RE: RE: biOasis like Immunogen
RE: RE: biOasis like Immunogen jd, I think a take-over is a possibility, but we are far more likely to see an exclusive licensing deal first. This would only be fair to us as shareholders because a premature take-over might rob us of significant upside potential.
I found this article to be very useful in looking at valuations of companies that are similar to Bioasis. Of particular interest is Immunogen's $1 bn valuation based mostly on it's 'air to the throne' status for Herceptin....note that at a $1, biOasis' market cap is barely over $30 M. Even with the sp at $3 we are only at $100 mcap....
TB