Over a million shares in less than 2 hours. If a PFE buyout materializes, any thoughts on an offer price?
At least $12, since afreeza easily has blockbuster potential and there is very little risk that the product will be rejected by the FDA.
Al believes he should get a return of 10X on his investment. He's in for $900M, so x 10 gives you $9B. Divide that by the $167M shares outstanding and your get $53/share. Not happening.....
Al will wait for a much higher value before he sells..
Interesting. How many patients have been tested to date? Could big pharma acquire and then push for an FDA fast track? Treating diabetes without needles would be very popular.