RE:RE:RE:Immunity Bio up 400% in a month NP ... Because that would be a jv, as opposed to a buyout, you only have to consider TSO (total shares outstanding) in the valuation calculation. So not fully diluted.
So 2.7B$US / 216 TSO shares = 12.5$US/share (16.25$CAN).
But in the case of ImmunityBio, that would be a full approval. So entitled to get revenues. We're not there yet as we only aim for BDT for the moment. But that would be a start, as BDT would put the hilighted on us. Then, hopefully AA and a jv.
We must not forget that a pp would increase the TSO. But nevertheless, still lots of upside potential if everything unfolds correctly.