I like the theory. It's so cheap...all it will take is a few million more and some time to get Northera through the pipeline.
Buying out CHTP now, when they can influence the new 306 study early and increase the chance of future approval by not cutting corners, would be a great play for some pharma entity with the cash. Perfect time to buy.
$7 might be optimistic. MAYBE 5.50. Would love to see 7. We'll probably see nothing happen, but there is some logic to a buyout.