irish- even worse than the competition- the next buyer then can guess the floor level price and use that however they like.
I think the company had a bead on what Smith's sold their etd unit for and since Smith's is out of contention, so to speak, I would hope they bid in a touch higher, not a gouge higher than Smith's unit, which I think we all know to be about 35,999 in volume.
The key question is swabbs ( the biggest expendible)...at some 2800 etds doing some 40,000 to 80,000 swabs a day or 14M to 28M per year...at a margin of 75 cents each you get a nice number this company can live on.
And here's the best part of this, Dr. Jones knew exactly what Morpho bid for everything back in 08/09. So we have that going for us. Thanks again to Doctor "J."! You have the collective gratitude of the loyal shareholders!
Best of Better Luck to ALL IMSC LONGS!
