disposal of animal health division, page-3

From someone who has had his fair share of winners and losers (unfortuntaely that happens as well) I do not understand why you are holding a stock (it looks like you are a holder of AAH) that you consider to be a loser? I think that the stock looks good at below a $1 rather than at $2. I agree that the stock has not faired well historically but at current prices it looks good.

DCF Valuation:

Cash 0.74 per share
Royalties 0.23 per share
Pharma Business no value!

If they commercialize any of their products within 3 years that will result in massive SP appreciation. I am looking forward to the AGM pres to review my position and think that AAH is a fantastic takeover target.