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2.6¢ benitec biopharma limited

and what was Maxines valuation ?

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Danno123

239 Posts.

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31/07/18

12:24

Post #: 34644218
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Originally posted by ravkc1 ↑

to quote ( bottom of page 3 )
Subsequent Event - US$10m (AUD$13.5m) upfront payment was received from Axovant on 19 July 2018

What does interest me is that in this qtr they expect to spend 6 ml on Research and development . ( am assuming it' s for clinicals ) . Its a positive ,now (imo), that there is a deal in place and we have the cash to fund this R&D . Shudder to think what would have happened if there was no deal in place and we had to fund this 6 mil .
With this deal there is potential .without it I suspect our 'jewel' ( OPMD) would have been in jeopardy. 30% of something is better than 100% of nothing and the 30 % is huge ( 30 % of profits of a Billion pa (estimated AND of course if all goes well) should amount to something substantial .
And I suspect and hope that AMD would be given another life
With this cash flow I will go with Maxine's valuation ....it had better happen this time !!!!
Been suffering toooooo long

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and what was Maxines valuation ?

BLT Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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