How long will this process take? After rereading the Dec 19 update, it’s a strong possibility that it is still a bit of a wait.
In the announcement Dr T says that “in recent weeks the process has advanced further “. So we may have only started serious negotiations in November?.
The process started back at the start of 2019, the negotiations only became meaningful in November.
The old adage “ No news is good news” might bear fruit for us. We have now had 3 months of these meaningful and appropriate discussions. So as of today they are continuing. Three months would be enough time for the negotiating parties to get a good idea if they are close enough to closing any gaps.
Still looking good for a deal. ACAD may be waiting to see whom they are bidding against and how much they need pay to win here.
How long?.
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Mkt cap ! $2.515B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 1531 | $19.66 |
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| Price($) | Vol. | No. |
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| $19.81 | 557 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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$19.70 |
Change
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| $19.50 | $19.84 | $19.28 | 87628 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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