Antibe Therapeutics Inc(Pre-Merger) ATBPF

When will

[WalkOverTheStrt]

IMO as long as Antibe is on a CA exchange the share price will come no where close to where most biotechs with a PH3 drug are valued ($600M+ minimum of ocurse IMO)  let alone one that could reach $4B annual sales....  

Dan can talk about waiting for the right time (wind in their sails) but I'd rather have European, USA, Japan, etc. partners signed while on the NASDAQ... market has a short memory and momentum while on the exchange is imperative. 

Also any buyout is not going to reach the potential $4B we all hope for unless the stock price is within the typical 60%-100% premium that BoDs approve. No board is going to approve some 200%+ premium, they would be voted out by SHs at next opportunity..

Antibe needs the stock price to appreciate and frankly we are fooling oursleves if we think it will be trading anywhere need there while being on this backwater exchange.

[MrMugsy]

With the discussions I've had with Management, I don't think anyone is arguing against the desire to be on a U.S. Exchange.  I don't think they're arguing that they want to be on a U.S. Exchange when such an OTENA deal occurs or if we are lucky enough to sell the entire business. But ... I don't think we're near a deal with Big Pharma yet.  Therefore, we don'

[123ABC]

In other words, we'll die of old age before this stock does anything.

[MrMugsy]

Not necessarily. Phase 3 enabling application to be submitted at some point here. Other news to follow as well. Excitement likely to follow as FDA hurdles are jumped and the countdown to P3 begins. IMO

[woundedknee]

Mugsy, have to respectfully disagree with you and agree 100 % with WalkOver. Your thinking doesn't appear tp be your own, but managements.  Case in point..Sigilon VS. Sernova. Sernova is light years ahead of Sigilon, but the big difference in market cap is only because of the difference in the two exchanges. Anyone interested in my point can go to the SVA board and read the article posted

[123ABC]

He definitely seems to be drinking that management Kool-Aid

[MrMugsy]

No - my thoughts - not related to this management or any other management ... except for the experiences I've had. Yes - I have seen success outside the NASDAQ - that is absolutely true. As you will recall, I do want to go to a US exchange - and it will eventually happen.