Chill bill,

RGX still has a long way to go to get to $3.  I'm just saying I wouldn't say NO to a $3 takeover offer right now.  A year from now, with RGX hopefully significantly higher and further along the development curve, I'd probably turn it down.

 

It doesn't matter though, as a 75% premium probably gets the job done 'now' if someone really wanted RGX.  $3 is a pipe dream at the moment.  When was the last time you heard of a stock being taken over for more than 100% of it's market cap?   I can't remember any in the last few years.

 

The few other miners that have been taken over recently were at about a 40% premium.