Jan. 15 at 7:39 PM
$MXCT With 150m+ in cash, a buyer is basically getting an instant rebate if they purchase the company.
The *right* buyer would potentially instantly be able to find operating efficiencies via integration of MaxCyte’s business into their own, which could potentially lower the already greatly reduced cashburn.
I would think a lowball takeover bid between 2.50-3 is realistic, even though I think
$4.X is possible and not unrealistic, give that it reflects an enterprise value of around 277 (assuming a buyout occurs when the company has 150m remaining in the bank - 5.6m less than what they ended the year with, according to the preliminary q4 update).
Just my 2 cents. Not advice.
