Takeover Prospect14 Oct 2018 16:22
I bought this on the back of the sp crashing following the RNS that the clinical trial objective had nit been met; I also picked out the positives from the clinical trial results which convinced me to invest. However, given that the share price has crashed I wonder if big pharma are eyeing up DNL as a takeover target. DNL Havel got commercialised licensed medicinal products not yet launched in all markets, so plenty of growth opportunities, plus a few products in the development pipeline. Big pharma could easily integrate DNL and deliver some cost saving synergies and prop up weak pipelines resulting from cuts to R&D budgets.
I was hoping the sp would show a quick recovery of 10p and was going to sell for a quick profit. Obvious it we didn’t see the bounce I was hoping for so now going to stay invested for a little longer and watching this with interest.