BLT 0.00% 2.6¢ benitec biopharma limited

HoylandBit confused there. Benitec paid Tacere in shares for...

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    Hoyland

    Bit confused there. Benitec paid Tacere in shares for there programs yeah..

    Benitec Biopharma will acquire Tacere's extensive HCV program data and materials, as well as
    an advanced preclinical program for the eye disease macular degeneration, which also utilises
    the Company’s ddRNAi technology.

    Then this.

    Sydney, Australia and San Jose, California 11th October 2012: Benitec Biopharma (ASX: BLT)
    today announced the execution of an agreement to acquire the US.based RNA interference
    (RNAi) therapeutics company Tacere Therapeutics, Inc.

    http://www.benitec.com/documents/12%2010%2011%20BLT%20Tacere%20Program%20Acquisition.pdf

    Bit confusing. says two different things. Though they paid for it in shares so they cant just pay themselves?



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    Maxineamillion, i cant believe it either about BLTOB. $500 worth why would you bother. Maybe its the guys waiting at .001 trying to hoax out more. Management have not helped there own cause. With that many share at .002 traders could hold it there forever.
 
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