A jump in SP to $2 AUD and MC of around 250M helps ward off low-ball offers on the business - obviously the larger the MC the better.
As with FDA ‘approvals’ for various conditions - the first licensing deal is always the hardest... theres safety in numbers and a state of competition is best for us holders.
I suspect there may be a number of these deals under discussion and already in the pipeline as they take many many months to years to negotiate.
usually I’m looking forward to the weekend now I’m looking forward to Monday Tuesday!
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