BIT 0.00% 4.8¢ biotron limited

$10 Billion Deal, page-14

  1. 7,599 Posts.
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    Was to be expected J8 once the buy volume dried up in the market . I must admit did not think this low . Brokers and the real money makers know how to squeeze the best price out of the market , they have done very well at churning a buck for a month , they made plenty rest assured . So did I as a matter of fact .  As usual the market has it wrong again , it will get back to a very handsome price of of $200 to $250 market cap in very near future , one thing I have learned in last 4 weeks there are more traders in market than investors .There will be deals imminent my friend or the whole damn lot , a pharma will not miss this opportunity to knock out their competitors here . There is still more to come in the journal . It would not surprise me to see that word eradication even though you hate it . $10 million per compound is not a ridiculous ask .

    28th Aug 2017 :  Gilead to buy Kite Pharma in $11.9 billion deal

    22nd Nov 2011 : Gilead bets $11 billion on hepatitis in Pharmasset deal

    22nd Jan 2018 : With $9 Billion Juno Deal, Celgene Doubles Down on Cancer

    22nd Jan 2018 : Sanofi Delivers $11.6 Billion Deal After Striking Out Twice

    20th Aug 2018 : China Biologic gets $3.9 billion offer from former CEO-led consortium

    10th July 2018 : Takeda Clears Hurdle for $62 Billion Shire Deal


    https://www.pwc.com/us/en/health-industries/publications/pdf/pwc-global-pharma-life-sciences-deals-insights-q3-2018.pdf

 
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