market action - , page-19

"OK, here's a thought. Has the takeover begun?"

It could be. The best way to do a takeover is first to buy up a load at the cheaper price before putting in your offer.

As I said earlier:

"...Shire plc recently paid $750m for a company who have a product targeting the same ulcer group that our trials have been in.

That product has since 'failed' in a trial. Our product is proven and easy to use and sell. There are so many cashed up healthcare companies out there looking for new products, and fighting against each other. Somebody will have a nibble for sure. First in, best dressed

Remember that six companies wanted to do a partnership with us, but SM didn't like their terms (at least that is what we have been told)."