OK, the naysayers are going to get really grumpy again. Oh well....
Lets assume POH has to raise the full $35 million to fully complete the Oxypatch onto market in 2014/15. Lets assume it is at the terrible 13c SCE put in their research. Another 250,000,000 shares in round figures. Making POH have roughly 1 Billion shares on issue.
I'll assume that Elixia and other projects cover ALL other POH costs in this period, for simplicity.
So POH could successfully complete phase 3 trials on Oxypatch in as little as 6-9 months. Q1 2012.
What is this Oxypatch worth once finished and on market in 2014/15? $1.5 billion per year to POH?
The above scenario is very plausible based on current info.
What would a realistic takeover offer be, when phase 3 is successfully completed in 6-9 months???????
Thoughts??
poh takeover offer??
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