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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