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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

GREY:ATBPF - Post Discussion

Antibe Therapeutics Inc(Pre-Merger) > What price are we in May 2021?
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Post by MasterAlgae on Nov 26, 2020 5:13pm

What price are we in May 2021?

I'm thinking that by the first week of May 2021 - Antibe is trading at about $12.50 USD.
Comment by Harper75 on Nov 26, 2020 5:34pm
It's not an unreasonable guess but still represents a meteoric rise after the R/S.  What catalysts are you including in your timeline?  
Comment by MasterAlgae on Nov 26, 2020 6:00pm
"It's not an unreasonable guess but still represents a meteoric rise after the R/S.  What catalysts are you including in your timeline?" I was making a conservative estimate, to sweeten it up a bit lets say $12.50 to $15.50 USD Catalysts: NASDAQ listing which will unlock shareholder value and create awareness, liquidity and distribution. The sale and licenceing of ...more  
Comment by cpac on Nov 27, 2020 10:36am
If our market cap is about $150M CDN right now, and we are trading at the reverse split equivalent of $4... then the out-licensing of ATB-346 for $625M should result in a far higher share price than $12.50... which would only be a MC of around $475M CDN ... this would leave us trading at less than the outlicensing value and assign zero value to the rest of the pipeline...  It's fair to ...more  
Comment by MrMugsy on Nov 27, 2020 12:35pm
Regarding a deal ... It wouldn't surprise me to see a deal conditional on dose determination from the first part of Phase 3.  That would further put the onus on ATE to get a really good Phase 3 plan together.  Getting to a dose determination would show that Phase 3 is on the right track and could show how powerful H2S actually is.  That's less risk for the buyer and more ...more  
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