RE: iqai rns5 Jun 2021 08:28
Morning Algy
Iqai is taking its first steps into a potentially huge market and I think they offer very favourable terms to the organisations who take up their products, something like a loss leader.
I think the deal they did with the Mayo clinic may have more flesh on the bone in terms of information so if this deal is similar it could give an indication of the overall deal. The Mayo deal include some shares which It looks like weren't offered as part of the LA deal
For me I don't want them to give things away but it is more important that the profile is built upon which then will lead to demand and then they can look at the profit side of things.
Having said this, once they start to become established Iqai will be bought out.
The take over is the end game I think and what value? If someone picked up the tech for 100m This could be a good deal
atb