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Wednesday, October 12, 2016 3:28:17 AM
But...
What is important is that company's value is increasing for real. Cash on hand is now solved for the next months.
for istance, if someone was thinking of a buyout @ 11.50 (just using the number we read about) at the beginning of sept, now has to factor in the new deal, which present real value.
And the big catalyst still have to hit.
Let's wait for possible Analyst update and/or SA article to get further exposure.
We long time holders are likely to feel somewhat frustrated with the short term price action, but after this news I feel much more positive.
The Mallinckdrot deal was probably just ready to be signed; it means that Della Penna has been working on several sides (which makes me think that this is one of the reason they are so shy in releasing PR or detailed info).
I'm also thinking of a package like deal already in place (ready to be signed) for the 3 oldest ANDAs, Effexor-Glucophage-Protonix (2bln in sales together)
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