So, just supposing that astrazeneca are running the ruler over SPL at the moment. What do you think the offer would be. Get it for a song I would imagine. $1 would get most people here who I think have just about had enough of the smoke and mirrors and the over promising and the under delivering. Not sure about the Institutions. If they are looking at SPL closely they would know that there has not been any significant announcements in the past many months and that SPL are relying heavily on DEP to get the share price moving again in the right direction. And like all of us they would also be factoring in MORE DEP (groundhog) delays. So they would certainly be in no rush to pay SPL any milestone payments. An opportunist takeover offer would not surprise at all.
SPL Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
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