RE: Shorters coming out of hiding,29 Aug 2019 00:18
Rhambo- the situation is the same as it has been for the last couple of months and nothing will be decided u til the meeting with the FDA. So, Hercules have postponed a payment and why would the pull the plug now and not wait until the meeting? Why haven't they pulled the plug, last month? IMO it's because they know/have a very good idea what will come of the meeting and as such know they stand to make a good amount of £££>
If, I were the lender and had the experts in my corner (as a lender will), and knew that there was no way that MTFB would be able to get Iclaprim past the line after the next FDA meeting- I would've pulled the plug weeks ago.
So, in my humble opinion, it looks to me that MTFB have ways forward and just need to get to that meeting to know what path to take and believe they have an agreement with Hercules plus other third parties.
All to be seen- MTFB Nasdaq closed even- so the share price seems to be stable and might even rise.
All to be seen, but definitely not out of the game and my money is on FDA meeting going well!