Hi @DickyB,
Your musings of "I'm wondering if the share price decline is not for accumulation but rather preparing us for a takeover." with respect I don't think is right.
YF has historically stated he does not want a takeover as IMU lose control of the IP, big pharma may shelve/price treatment astronomically & inhibit access for a lot of patients. As he is the creator of CF33 I believe his wishes would have to be catered to in any negotiation.
I think licensing deals would be more likely given this scenario, would have the added benefit of possibly partnering with more than 1 BP for different products given they are successful. I believe this arrangement would take longer than a takeover to negotiate & suspect this had something to do with earlier potential deal not eventuating.
Of course this is AIMO & hoping like hell I'm correct.....................
Hi @DickyB,Your musings of "I'm wondering if the share price...
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Last
7.1¢ |
Change
0.001(1.43%) |
Mkt cap ! $519.7M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.3¢ | 7.0¢ | $835.1K | 11.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 13 | 1246538 | 7.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 7.2¢ | 245169 | 3 |
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| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
7.2¢ |
Change
0.001 ( 1.41 %) |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.3¢ | 7.0¢ | 4314321 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
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