Greetings fellow travellers.
Can any of you tell me why BNO posted a shiny new version of its investor presentation with ASX today?
The rumor mill is churning away with quiet speculation that just maybe there will be an announcement before Christmas.
I had not expected anything on the licencing front for months into 2012.
The recent bump up in the share price and the lack of volume selling seems to support the possibility that something may be brewing.
The progress of the company, its breadth and depth of assets and IP make me wonder why its still only 50c.
DOes anyone have a view as to what a deal on BNC 210 would do to the share price is it was worth say $300m but included an upfront of only say $30m.
A look at the charts suggests to me that a target of 60-80c is plausible.......
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