Market Value?While we waiting for a possible deal I would like to discuss whether the current market capitalization is justified or not.
The valuation from FistBerlin (0.95 CAD) Is my opinion too high. The Valeant deal has at the moment no or only a small value for me. It looks different with the Wangbang deal (SGTL2 Inhibitor): With the expected IND filing is a share price of 0.18 to 0.20 CAD is easy justified.
While waiting for a possible deal, I would like to bring another aspect into our discussion.