Sammy,
I note Sarepta's share price down another 12% overnight...pressure is on!
Still have market cap AU$9 Billion...and cash of AU$2.8 Billion.
One would think their CR of US$500m last week would be related to investment / licensing / acquisition of complimentary assets either for DMD or LGMD ???
It would either be ANP or Capricor...the other players in DMD would fit imo.
Any deal of $300m to $500m upfront would see floor price of $1.5 for ANP.
HOWEVER - if they announce plans for MS Phase 2B...then Itsa's $2 by Christmas comes into play.
Will we see the PLATFORM strategy playout in the next 6 months?
I think so.
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Sammy, I note Sarepta's share price down another 12%...
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