RE: More buys than sells yet again…2 Nov 2021 17:17
OB - finally.
We were waiting for a measured and balanced "mature" perspective from you, and here you are.
What I do know, is that those who want to sleep on it, will do, and then they'll hopefully come to a conclusion as I have.
There is nothing wrong with the deal. Suzy has ventured into US Private Capital, so we are killing two birds with one stone here, because she's setting herself up for the future direction. She has a very respectably deal from someone else's venture and a very less-than-ideal and incomplete dataset. This ain't gonna happen again.
If we get 3 indications, we have a chance x 3 of hitting 150% of our current MCap. I do not know the royalty level, until Suzy steps in, but I'll plumb for 7% of sales.
If 201 works as well as it should, at higher and more repetitive doses, then I'll let folk have a stab at working that out, as a yearly payment. Drugs that work well have annual sales freely published.
21MCap.
Sleep on it, and have a think on that, is my only advice.
Good Evening.