PAA 5.88% 16.0¢ pharmaust limited

I guess you could ask the same question as to why all these...

  1. 1,893 Posts.
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    I guess you could ask the same question as to why all these companies below entered into a lucrative partnership deal before their results were in and their worth increased. It happens for all sorts of reasons but largely it simply takes a lot of risk off the table for shareholders. That said, from what I gather, MT & PAA won't be selling out cheap. PAA will have the funds to see the Healy Trial through. If there is a BP prepared to pay a significant premium at this point for the blockbuster drug that MPL is going to be, then they might consider selling. Directors and management haven't recently tipped in nearly $1m of their own hard-earned, on top of their allocated shares & options, because they think this is a high risk play! One could easily say go away and come back in 12-24 months to collect your money, but it's entertaining here in the threads.

    https://hotcopper.com.au/data/attachments/6324/6324661-d4382e84b1a8b724d294310dc638bc61.jpg



 
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16.5¢ 58000 1
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