BLT
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0.00% 2.6¢ benitec biopharma limited

my understanding is that milestone payments are paid when...

  1. middlefork
    45 Posts.
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    05/02/10
    15:49
    Post #: 6294404
    my understanding is that milestone payments are paid when certain milestones are met in the future, for example at the completion of Phase 1 Trials, First Sales etc etc.
    BLT has a 5% stake in Tacere. So unless BLT sells that stake (which may be slightly more valuable following today's announcement) immediately, I can't see how this announcement gives any immediate cashflow to BLT?
    BLT Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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