Innovation Pharmaceuticals Inc (IPIX)

[FlashingLeather]

Totally agree with you there :)

The folks below like the rigor for comfort, security and back-up, but pitch it to everyone above with crayons, etch-a-sketches, and lego bricks.

I too did M&A work, and it's funny how you can do the most sophisticated NPV analysis that takes twenty Excel tabs, but the deal usually ends up relying on a simple EBITDA or projected sales multiple, because that's what the BOD's understand.