Para & Crusty,
They dont need a fall back plan unless they have put their cash on deposit with an Icelandic Bank. As was previously mentioned a few times,the QVT deal gave them enough money to fully execute their business plan.
It will probably not influence the SP, but I am expecting quite a few announcements before the AGM indicating future cash flow. This will show that even if recession is around the corner, their products are recession proof and are sold worldwide. The only thing that can make the SP move in the current climate is a 250 mln dlr hostile bid from a cashed up HighTech company.
But I have been wrong before, so maybe I am getting too pessimistic.
Klaas
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1 | 40000 | 0.024 |
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Price($) | Vol. | No. |
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0.030 | 166667 | 1 |
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