after years of downtrends, a reverse split IBIO finally appears ready to regain SMA200 support and retest old channels. With Billionaire insider holding nearly 50% and a 200MM USD lawsuit pending, IBIO and its huge CDMO is looking like a good buy.. and possible a buyout target.
Personal targets here are well over $5 as would expect any buyout of the huge CDMO to come in above $8.
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