RE: RNS - Modi26 Feb 2024 10:54
I think aqua is saying the modi manufacturing and distribution agreement was expected to take several months minimum or even years. He reasonable logic was applied to similar announcements by opti, most of which have come to nothing several years hence. The notion sbtx has been surprised seems a reasonable one given the shocking rns which gave the impression the modi deal was in the current forecast. This seems ludicrous otherwise why acquire dermatonics? Either the board of sbtx is far more incompetent than many argue or worse they are liars. I know which i prefer. I agree with aqua and elrico version not because i am desperate for a better spin, its more logical. Unfortunately, we will need to wait for tu for the conformation of who is right, tw, sceptics or aqua and elrico.
Someone with more experience writing rns needs to take over because they make a mess of the message everytime. The modi deal should have reasured investor of the accretive nature of the buying dermatonics, but cavendish has let the company down yet again.