Tang has around $2bn under management.Clearly takes biotec investing very seriously.You can bet chats have already been made with Robert Lyne and Daphne Zohar.Just the catalyst needed to raise Puretechs profile.
TOBAN has the right to get their money back at a small loss next year.So ATM $10m loss needs to be taken into account.SWC is now losing money on bitcoin purchases…so their valuation model in taters.
When the Jefferies analyst left at the end of last year Puretech needed a new broker.UBS was a stupid decision.To keep saying coverage is out of their control is ridiculous.You choose a broker that’s prepared to cover.
Https://puretechhealth.com/images/PRTCCorpPresentation.pdf co is clearly listening to the big holders and doing what is necessary to get confidence and the the message across .two new UK none ex dir with capital markets experience will help.