BF buys us
we all get X amount based on board and majority of shareholders accepting the offer (hopefully we get more than one buyer this will drive the price higher ignoring the 50-100% share price at the time)
As part of the offer they will add a royalty
On sale all existing shareholders will be paid 5-10% of future sales of bisantrene for 7-21 years
It will be similar to receiving dividends payed twice a year
Very valuable and a substitute for paying less $ initially for a blockbuster drug upfront
Wombat was always including royalties as a very possible outcome
Not sure what @Davisites hypothetical thoughts are on royalties but it will be in the interest of all shareholders to include it
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Last
$1.61 |
Change
0.000(0.00%) |
Mkt cap ! $273.4M |
Open | High | Low | Value | Volume |
$1.61 | $1.66 | $1.60 | $207.2K | 127.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 25510 | $1.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.64 | 12000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 25510 | 1.600 |
1 | 31000 | 1.590 |
1 | 10000 | 1.585 |
2 | 8233 | 1.560 |
4 | 15571 | 1.550 |
Price($) | Vol. | No. |
---|---|---|
1.640 | 12000 | 1 |
1.655 | 858 | 1 |
1.665 | 352 | 1 |
1.670 | 1845 | 1 |
1.690 | 1085 | 2 |
Last trade - 15.49pm 29/07/2024 (20 minute delay) ? |
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RAC (ASX) Chart |