Here’s what I think about this announcement. They have been looking at a reverse merger type plan to get onto the US exchange for a long time now. It has been dragging on for an eternity. They’ve probably been stuffed around for long enough by whoever they have been in talks with for an acquisition or listing and just got sick and tired of waiting. So with the pharma deal about to happen and life about to get a LOT better, they’ve told these US people to get stuffed…’You had your chance and blew it. Now we’re doing it on our own’.
The appointment of this new director shows pretty clearly they are looking at a dual listing on NASDAQ. Rather than stuff around with mergers etc, they will do direct. That’s what organic growth seems to mean.
Also see the quote about Uni preparing to enter a new chapter in its evolution. If that is not a hint for what’s about to hit the market re the pharma deal, I don’t know what is. Buckle your seatbelts. This is not a great announcement on its own, own but it shows they are clearing the decks in preparatinon for the big one.
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