they won't spend any meaningful amount of money on new initiatives.
they are hoping for a positive FDA decision - that's it.
if that happens everything will be fine,
if not we are completely f**** and will get diluted through "dividend payments" in the coming years
ps: the results are shit. there is no excuse this time.
but they stay quiet and stop providing orders from now on. Geoff must be happy - another year without accountability.
Ann: Annual Report to shareholders, page-14
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