20 cents This Week ?, page-48

MM told *,
“But we’d like a partner to give back to our current shareholders and so they don’t have keep coughing up.”
then, I posted CR is unlikely.
You need to read carefully.


“The main next step for us is to partner — we’d like a partner to fund the next stage of development,” Dr Miller told *.
“We’ve had some good interactions and discussions so far, these things take time to eventuate.
“But we’d like a partner to give back to our current shareholders and so they don’t have keep coughing up.”

Already this year the ASX-listed helath sector has seen a number of tie-ups including the Sirtex takeover deal announced in June — worth a mouth-watering $1.9 billion — along with the $500 million bid for Viralytics and the acquisition of RHS among others.
The goal of many health and biotech companies is to be taken over by a bigger party, preferably by what’s known as “Big Pharma” — a somewhat pejorative nickname for the pharmaceutical industry.


https://unauthorised investment advice/health/bio...partner-after-jumping-almost-750pc-in-a-week/