GTG 2.33% 4.4¢ genetic technologies limited

another announcement.....

  1. 101 Posts.
    See GTG have filled in the detail of their work with CYO in Perth.
    Hmmmm.... CYO assigns all it's IP to GTG, while GTG hands over $4.5 million over 5 years to aid research costs, as well as 16 odd million shares "valued at" 75c, not to be sold until at least December, and then only 20% per annum after that. I wonder where these shares will come from??????

    GTG values the IP at $15-20 million. We'll see I guess.

    I have a small speculative holding, solely for the fact that the idea of monopolistic patents could be a license to print money. However, am wondering if they are perhaps 5 or 10 years early, and their patents may run out just as scientific knowledge becomes available that will really make the patents worth something.

    All will be revealed I suppose.
 
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