RE: Been a hard 6 MONTHS?22 Jun 2022 10:27
Ok, I'm staring at that buy button again, ffs. Checked my original reason for investing and it hasn't changed, improved with the result if anything with financing the concern, and Duncan presentation skills.
I'm trying think or a reasonable worst case to stop myself. If we cant get money to keep 4d going we have to be sold or admin, so what's the data worth, we know the science is good so is the value based on that or the data that got us there, always value in knowing what didn't work, processes etc. How many hundreds of millions was spent to get here or how much would it cost a new businesses to get to this point. What's the pipeline worth.
Merck have spent more here than the current Mcap, surely they cant risk admin and losing that data and opportunity. Even if ended in admin surely that would lead to rival bids above today's price.
Is the 100% restricted raise a carrot for Merck, or others that they'll have control of the business? Regardless of who buys the 100% there may be a need for further financing, so we end up diluted to 25%? But the Mcap surely would be far high on the bases of the confidence that we have someone willing to have bought in, perhaps reluctantly if Merck, and have finance to go forward.
I'm struggling to talk myself out of hitting that buy button, HELP for the love of God someone please HELP