Takeover chit-chat8 May 2015 03:38
can't help but think any takeover talk seems a tad premature and speculative, especially since NIPT hasn't really gained any meaningful traction yet within the marketplace, simply by virtue of time-scale alone, as secured contracts clearly take time to generate cash and feed through to accounts.
S.L.'s previous offering to the market, DXS, took 8 years to come to fruition to point-of-sale. Clearly there is a greater sense of urgency here as the market becomes ever more competitive and aggressive.
This short-term turbulence should be ridden out and the strength and pedigree of the BOD, especially the amount of skin they have in here, should still reap rewards for us PIs.
oh and good to see the Cons romping home.