I'm no TDA in terms of knowledge,
However if you listen to the latest conference call again, I'm sure you'll find that Pete indicated early fonda revenues could go towards oncology....Oncology needs all the funding it can get, so one would assume that cash would be carried over with it. It's all going to depend on when/if the demerger actually happens.
Remember, If Oncology doesn't partner then millions will need to be spent on trails(100's)- we have a whole platform worth. So it certainly makes sense for there to be an IPO aswell, which raises a significant amount. Why would you gamble on partnering, or make the mistake of "mis-timing" a cap raise again, when you could raise significant capital through the IPO? Remember it was also stressed in the conference call that we need to think BILLIONS not millions when evaluating oncology. I'm sure they'll try their best to reflect this in the IPO ....
..... that's right Scammer- also i'f interest rates drop again, and China keep buying USD. The USD still appears to be a safe haven when the market's scared( Like 08/09). Then yeah it would certainly be a good thing for us....
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