Muzza,
Yes, Nabi is clearly overpaid.
however, Once-Off overpay without future burden is still much better than PC's last two seemingly cheap? takeovers back in 2009. It has been more than 3 years since those takeovers and Biota keeps pumping cash into them, we shareholders have benefited nothing from them.
Because the current management keeps to be "deaf and mute", I hope you can keep doing us a favour to contact the management regularly to bring us some news. Thank you.
Add to My Watchlist
What is My Watchlist?