Bits and bobs11 Oct 2016 12:29
Pom, you say the milestones are meaningless without PII, I think we all know that
for arguments sakes, to give the mirror image of what you are saying, is the milestones mean everything as the drug will work - would you accept that the point you make is rather moot.
After all the whole company goes tits up without PII
Now. Do you really think any pharma would give $60m away without some convincing pre-clinical. You probably do out there on planet pom, thats why you miss the point of this share and how to trade it.
For everyone else, heres something quirky:
P O M A N D E R rearrange the letters to get
D
E
R
A
M
P
O
R
forgive the poetic license with the spelling but are you telling me this is coincidence ??? Hey Im a scientist/mathemitician I notice these things.... I just meant to post it before !
I personally would have preferred a 20-30% dilution which I think would have been absorbed quickly, but on balance the deal is excellent and underlines GE commitment not to use up shareholder funds further.
That is a good sign too - board true to their word.
I think your posts have been far more measured of late Pom, one of them I agree with even. Good on you. The above as ever is a bit of fun, which we can all take part in, much needed.
All long holders deserve every penny this share will give, so all power to summs elbow, this deal frees up second generation, that is where the true value is to my mind, see for example celgene
Long term hold, but keep trading