Well it has finally happened. The writing was on the wall from the time that Nant took over. I wonder how much of our cash is going to be spent on this process? At least the lawyers will get a good feed.
I have only had a cursory read but I cannot see any reference to Holdco committing to progressing Benitec's pipeline so, at this stage, I don't know on what Holdco will spend our cash reserve. It also means that, at this stage, there is no way of estimating the potential of Holdco.
Jerel obviously has enough frequent flyer points and does not want any more.
On a lighter note, the HC BLT thread will shortly be wound up. So, adios amigos, it's been a fun trip for most of the time. May all past and present posters be happy, healthy and well off.
BLT Price at posting:
3.7¢ Sentiment: None Disclosure: Held
