RE:Company buyout price vs share price.What you are missing Canaduh, is that ONCY NEEDS a partner in order to make Pela worth anything... ONCY needs money... and just who are the competing suitors now... The whole point of Bracelet-1 was to create a competitive landscape.
Bracelet-1 failed with respect to the Checkpoint Inhibitor arm... so that (potential) partner is out...
If no-one wanted to pony up for the mBC Phase III trial 5 years ago, what makes you think they will now..?? Forget mBC Ph III, it ain't gonna happen.
So, we're left 'hoping' for a partner for Panc... Hoping... yup... great strategy... good luck with that.
Q