UNS 0.00% 0.5¢ unilife corporation

Today JPM 34 Annual Health Care Conference., page-36

  1. 3,967 Posts.
    lightbulb Created with Sketch. 184
    They are flush with money because they are good at handling it and know where to invest it to get the best returns.

    Their $15m non refundable deposit is just about the only thing which is keeping me in this stock. If amgen doesnt get a deal across the line - heads will roll. Multiple billion dollar company or a penny pincher mob - $15m is still a lot of money.

    No board will allow this sort of investment unless there is a solid business case behind it. If there were grey areas still to be negotiated - Amgen would have had a clause to recoupe much of this investment back.

    Amgen has got a product which will be immediately put to be used with the WI from unilife.

    Ofcourse all of this is from my general understanding of business practices in completely different industry - I dont profess to know at what risk level the big biotech's operate. Still dont believe they would give $15m for a little friendly chat which doesnt result in happy endings.
 
watchlist Created with Sketch. Add UNS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.