jskstocks
$ABOS Yet another anti- B amyloid antiody fails. But they had $78M in cash at the end of September, that is 5X the current market cap. The Enhanced Brain Delivery (ABD platform) has value. A reverse merger for stock shell and cash, license or sale of EBD platform/ or in-license deal for new pipeline will capture the value of that cash. Having cash in hand these dark biotech days is more valuable than the cash itself. With no active programs, the cash burn rate will plummet. They have about $25M liabilities on balance sheet besides long term debt that will have to be paid. This stock is worth about $50M, about 3X the current market cap.
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