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Bullboard - Stock Discussion Forum Reunion Neuroscience Inc T.REUN

Reunion Neuroscience Inc. is engaged in the psychedelic drug development company that provides therapeutic solutions for mental health conditions by developing serotonin receptor agonist compounds. The Company is developing the advancement of synthetic molecules targeting serotonin 5HT2A receptors. The Company’s products include RE104 and RE200. The Company’s lead asset, RE-104, which is a... see more

TSX:REUN - Post Discussion

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Post by Dow20000 on Jun 29, 2023 3:44pm

Financials

As of March 31.the company had $ 27 Million in cash which works out to about $ 2.45 a share.
Assuming they spend $ 5 Million since,this offer of $ 1.51 is way too low,so I don't understand Managements decision to through in the towel.
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