RE: Creo looks doomed12 Nov 2022 21:11
they don't give enough information with the partnership deals in order to help us determine where they are. Everything is really opaque, which isn't great in any circumstance, but especially not in a market like this and the share price seems to be suffering the consequences. Appreciate deals are sensitive in nature, especially if they are still negotiating others, but they haven't even told us if there has been any upfront payments (which could negate the need for a fundraise).
The lack of transparency is really frustrating, if they don't want to tell us the exact royalties they could at least say "low single digit to low double digit tiered royalties", give a total for milestone payments if they don't want to list them individually and an idea of partnership length so we can get an idea of when we expect to start seeing results. The pharma companies manage to give this level of information when they announce deals, not sure why Creo can't.