Thanks, for your reply, you reflect my own thoughts and sentiments... I have always felt that the preferred interest would be a licensing deal, and that the co/- would continue to have control over its own science and its own pipeline work into the future... this would also be preferable to my own motivation as a shareholder!
But I would tend to agree, that assuming they have in ATC what the industry is expecting, then, yes, they may not be in the driver's seat, although again, a licensing deal would support the current pipeline work.
Agree for sure, the current moves, indicate that the co/- is expecting something - and it seems they are lining up the right skills to be able to negotiate through what ever form this partnership takes. My sense is that the primary objective is to secure a licensing deal, but they cannot discount the likelihood of a T/O bid - that would be mighty naive, which they are not!
Again, thanks for your thoughts and also the info on the current trading...
Cheers, Donna
AVX Price at posting:
12.7¢ Sentiment: Hold Disclosure: Held
