You must realize KBIO outstanding share float is only 1.76 mil while IBIO float is 67 mil or 38 times as many shares. At kbio's closing price divided by 38 that puts ibio at less than $1. IBIO is running out of moneyand will need to issue more shs soon at a discounted price. jmho
They dont have a product for sale and what little revenue they made last year dropped to almost nothing this year so they will need to issue more stock soon. Price is sinking now. Not good.
Will IBIO have to get something big into production before it warrants attention and significant worth?
Now they take a buyout for $9. WTH. We need a bidding war.
And it went up after the reverse split. Look at the yearly chart for petes sake. Skyrocket. IBIO should look like that.
do your investigation. Looks like fraud to me.
Unfortunately with decay you can't sit on ugaz. It is a disaster this year. The builds will start sometime and then will be the time to get in.
IBIO should be at $10. Way too much value bottled up here to be at 70c. Just a matter of time. iMHO