Yeah ... a very complex matrix for valuation and decision making, given the 2 companies, the variety and size of some share holders, and current enterprise value versus "potential" future valuations, and the risks ahead. But $3-4b is a lot of dough, and a great ROI for the investors if available now.

Warren Buffett? ... getting rich from leaving money on the table?

I realize this is a very unique situation though. And none of us know what the reality of the discussions are really like, for now, or for future valuations if various milestones are achieved. Or how valued the potential of the known data is at this point, to a BP? I feel like we have a year for RVX to come to terms with those types of things though, if the warrants are exercized? ... with more clarity in 3-6 months potentially, with pending regulatory applications and dispositions?

Feeling a little more restless than normal this morning ...