BF buys us
we all get X amount based on board and majority of shareholders accepting the offer (hopefully we get more than one buyer this will drive the price higher ignoring the 50-100% share price at the time)
As part of the offer they will add a royalty
On sale all existing shareholders will be paid 5-10% of future sales of bisantrene for 7-21 years
It will be similar to receiving dividends payed twice a year
Very valuable and a substitute for paying less $ initially for a blockbuster drug upfront
Wombat was always including royalties as a very possible outcome
Not sure what @Davisites hypothetical thoughts are on royalties but it will be in the interest of all shareholders to include it
BF buys us we all get X amount based on board and majority of...
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Last
$2.01 |
Change
0.260(14.9%) |
Mkt cap ! $342.2M | |||
| Open | High | Low | Value | Volume |
| $1.87 | $2.08 | $1.86 | $1.269M | 645.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 505 | $1.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 4543 | 2 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |