WP has consistently said an acquisition (at this time) would deliver the worst outcome out of the three options of going it alone, partnering or M&A. I hope WP is pursuing a partnership, and in the near term. And I would expect an upfront in the hundred/s of millions reflecting our sunk costs plus the potential TAM we're chasing. We need some corporate credibility and a blue chip partnership delivers that.
P.S. I wish Proactive Investors stop with the Dorothy Dixers and ask hard questions when they need to be asked, like hey Wayne, you have 1.6 quarters of funding left, what gives? At our stage development, funding should be talked about as frequently as WP talks about our IP.
AVR Price at posting:
$19.08 Sentiment: Buy Disclosure: Held
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