I don't follow them that closely so I could be wrong. I had the impression the most likely event was a capital raise, followed by partnering their antibiotic with this not even being on the horizon.
As far as telegraphing deals I know you owned a company (I briefly had a small position) where the CEO was very specific about doing a deal and then meeting that timeline! In fact I think he did that on a couple of occasions....ARRY sound familiar?
Anyway congratulations on SMMT! Guess its still a high reward, high risk play .
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