You're right. IF sales improve . IF they reach the milestone. IF they pay the milestone payment out as dividends instead of using the proceeds to fund a purchase of whatever. IF the product enjoys at least its current market share ad inifintum.
I will punt on those ifs, but not at the current price. Can see 70's again.......and maybe on current spec that is justified. Of course, on your spec it is not, and for holders I hope your spec comes into fruition (after I've bought in at much lower prices, selah).
Ann: Half-Year Results Presentation - 31 December 2014, page-25
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