Hi all IMO the recent and continued share price appreciation...

Hi all

IMO the recent and continued share price appreciation only improves the chance that a favourable deal will be struck with MNK in a few months time.

MNK bought into MSB with a 4.99% stake back in December 2016, and with their 20.04m shares - they have made $36m or 122% on their investment. And although some of the appreciation was attributed to MNK's agreement being announced, the bulk of the increase has come post the CHF program successful interim - which is a program they are not looking to partner.

Although not a key driver of their negotiations, it is definitely something that will be in the back of MSB and MNK's minds when negotiating the details of the agreement.

With MSB almost certainly asking for non-dilutive capital upfront, the negotiation would be substantially easier because they are able to point to MNK's $36m unrealised gain (which will only get higher after the deal is signed).

MNK are essentially looking at a free or significantly subsidised buy-in to MSB's programs with the agreement that may be done in a few months time.

That to me is a great sign.