re: Ann: Otsuka commits $A25 million to JV wi... i've held since...

re: Ann: Otsuka commits $A25 million to JV wi... i've held since 2007 and have watched them fall from about 40c not that long ago. imo the main reason the sp got killed was due to the financial situation lct got themselves into which in all fairness was probably about the best they could have done given the current financial environment. either way theyve kicked a massive goal now with this and would appear that their $ troubles are/will be over. sometimes i got the impression that positive results lct announced from trials were not received as well as they should have been by the market because the market generally dioes not understand type 1 diabetes. those that did understand on this forum knew what they were doing was huge for type 1 diabetics.
either way the game has changed now imo and we should see a steady climb back to 15-20c. maybe not in a week or month but imo the bad times are well and truly behind us with otsuka's latest contribution.
imo dyor