Ann: Completion of Enrolment in SMARTCOUGH-C Study, page-8

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TerribleTadpole

5,174 Posts.

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19/06/17

10:36

Post #: 25351197
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Originally posted by RNClarke ↑

Good announcement, keeping this process transparent.

Exceeded all endpoints. Finally!

I can feel momentum heading back into this one. Gold Coast presentation later this week, Australian updated children's results due this month and the final US results expected next month!

The whole escrow shares conspiracy will all be evaporated once we see an off market transfer to a foreign institution. Our MD has been overseas for a reason. A mad scramble will then be on to get set before we start producing revenue.

Quite frankly who knows, but a Takeover might be on the cards by a big pharma once they see these initial US results. They may want to pay $1 or so and take the Adult trials under their own wing. Knowing if Adult results fail they have a children's FDA product which already has the potential to be a money printer by itself.

We are as close as ever to reaching ResApps first FDA approval. Game on.

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I just don't understand all the excitement over a possible take-over. A takeover would effectively cut us out of all future capital growth and revenue opportunity!

I can't think of a realistic takeover price that would make me happy with a takeover. A dollar - while it might be a realistic number - is ridiculously low-ball compared to the potential upside. From my perspective, losing Resapp for a dollar would be a complete disaster.

Last edited by TerribleTadpole: 19/06/17

RAP Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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