Talking about PGL, it might be worth talking to them again, as they have gone nowhere since the PGL/AVX debacle.
Talking about regional licensing agreements, can someone tell me why this wasn't looked at several months ago ?
Drona can't be that stupid that he neglected the risk that none of the big pharma wouldn't be interested, and have a number of fall back options. Can he ?
Now that everything has been closed and staff being made redundant, it is going to be much harder to get a deal done.
Doesn't smell right at all.
AVX Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held