In my opinion, they are going to start receiving offers from big Pharma in the coming months.
Do you want to be making decisions on saying Yes or No to a $15B deal without having as much data in front of you as possible??
Imagine if they say Yes to $15B, and a few months later data comes in showing that it should have been $50B... are shareholders going to be happy... hell no!
And on the flipside, what if they say NO to $15B, and then more data comes in showing that Yes the results are great, but are for a smaller market than first expected, and thus the reality is that we are looking at $5B price now.
If this was a miner... They are currently sitting on 10mOz, and they just had a drill that hit crazy high grades.
Now they want to do a massive 5000m drilling campaign to step it out in ALL DIRECTIONS to see what they really have, before the Big Boys come knocking and playing their Big Boy games!
In my opinion, they are going to start receiving offers from big...
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Last
$1.45 |
Change
0.030(2.11%) |
Mkt cap ! $247.1M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.45 | $1.40 | $163.8K | 115.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 31396 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |