Thats about a $55 PPS not unreasonable given OGXI has the option to co-promote OGXI-011 in North America.
On positive -011 P3 data next month IMO it will easily trade into the $40's as we will gain significant street coverage with 12 month PT's in the $60/$65 range. 427 P2 data is on deck for mid-summer.
$40 prediction is a bit too much. The prediction is $30
When is the data due? Actually, $1B valuation is a share price of close to $100.
The probability of that is slim to none.
If SYNERGY results are stat sig on OS? Yes, I agree.