Be realistic .. 70 percent is held by institutional and insiders.. A buy out will mean a fair assessment of value .. Which is 5pps plus rights to pipeline.. Assume at time a buyout is announced, a 25 to 100 percent premium over a pps from a price that occurred within a few weeks prior.. So December was 5.15 price. Buyout negotiations takes weeks or longer to negotiate in most cases. Meaning a company would have been talking to dndn in dec and offering 1.5 times the price then, as an example... Unless dndn gets to 10_ 15 range without a buyout, it s highly unlikely anyone would offer more than 9to 12 pps today. Now hold until eu approves, which will take this to 8, and positive earning( if it happens) and a distribution agreement... Then maybe it gets to the range mentioned here... But not next week..
Johnson's share stock options have a strike price of around $14.17 He needs the share price above $14.17 to make anything for his own pocket on around 660k shares. If DNDN is sold look for a share price over $20 a share. If it hapens DNDN is one heck of a great buy at this level. All just an opinion.
No one is going to pay a premium of over 300% when no one repeatedly didn't want it in the 4's or 3's. Why can't you people see this? What has changed? Potential purchasers will not make a move until sales start to ramp and they have all but stalled. Wishing and hoping is just baselss stuff but continue if it makes you feel better. That type of premium rarely happens.
if true, then recent up move is mostly due to shorties trying to "quietly" cover. which actually makes perfect sense, because after all of last year's compression and manipulation, i don't see a wave of "new" buyers. people's nature is to "see" to believe before they start buying... i bet this recent upswing is all quiet covering by shorts that do not want to get their bAAlls caught in a vice.