If you knew nothing else, realize that their new manufacturing facility is worth at bare minimum $60 million (that would be in a fire sale, it's really worth close to $90-100 with pending FDA aproval to a company like TEVA). Rosemont is worth $100 minimum(they paid $90 mil cash but dollar dropped 25% and business has expanded). They have $10 million in cash net of debt. That's $60 mil + $100 mil + $10 mil. = $170 million. The Market Cap is currently $158 million!!!!That leaves $12 million in cash and everything else is FREE!!! All current drugs, all future drugs and patents, all future cash flows, and all current Buildings, Land and Manufacturing facilities are FREE!!!!!What a hell of a buy this is!!!If they stay at this price they will definitely be bought out. I loaded up today.
Slim leaving would be an excellent start but for the stock to soar and the company prosper, he would have to be off the board entirely, not have a hand in selecting his replacement or any current openings in senior management, Kanner would have to go, and there would need to be fresh faces on the board. Can't see anyone on this board giving up a meal ticket or implementing these changes.