Post by
fourbarrels on Dec 09, 2021 11:22am
ARCH = Bargain
How quickly will buyout offers come in when ARCH has a successful CATCO trial? If you're the acquirer you wont want to wait until $30.00 to make an offer. Good news is insiders have controlling interest and wont sell low.
Comment by
2019champs on Dec 09, 2021 12:49pm
The potential is bigger than $30 a share in my opinion. The Company would probably want to do a kidney trial, as the best data in the animal studies was in the kidney! Any positive data in the kidney and I dont see anything less than $50 a share.
Comment by
fourbarrels on Dec 09, 2021 1:47pm
Exactly. If a buyer waits until the stock is at $30.00 the bid would have to be $40.00 to $50.00 to have any chance at getting accepted.