SNT 9.09% 2.4¢ syntara limited

re: Ann: Pharmaxis Elects to Receive Full Nov... NewBI can't see...

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    re: Ann: Pharmaxis Elects to Receive Full Nov... NewB

    I can't see what choice they had but to accept the Novaquest money.

    The way I look at it, a $40m market cap company with $50m of cash has just raised another $20m.

    Yes, some upside has been given away in terms of future revenue, but the pot should still be big enough if Bronchitol gets approved in the US.

    To use a medical word, there are the germs of a good story emerging here for new investors at the current share price.

 
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