Well there you go. That wasn't so hard was it tiger. No mention of what you think is fair value but at least you offered more then 'insanely over priced'. Looks like the directors believe it is insanely under priced but I guess only time will tell. Lollies from HC v Directors of the company. What's your background again? Did you run a biotech start-up in this space or something...
Don't most developing, unprofitable businesses rely on R&D rebates and CR's to stay afloat?
Yes this certainly isn't Twiggy's bread and butter but he's clearly an intelligent/rational guy and liked what was presented to him. If billionaire's burned all their money, well, they wouldn't be so rich would they.
TGA approval, licencing and distribution is a long way off. Correct. Lucky markets are a very forward thinking machine. We both know TGA approval will be very well received.
'EMD should have raised a lot more'. Thanks Einstein.
+ 200,000k today.
Tightly held with ~300m SOI.
Cheers
general talk, page-189
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