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Re: blueyedcatch post# 67403

Wednesday, 05/09/2018 8:57:43 PM

Wednesday, May 09, 2018 8:57:43 PM

Post# of 108192
No way they are getting 200-300 upfront for AXAL US in Europe. If they were able to get even a fraction of that upfront they wouldn't have diluted at $2. Lombardo made a comment at the annual meeting implying AXAL was getting old, which reiterates O'Connors flawed strategy of holding out to get more. Now we're getting less be cause O'Connor did strike when the iron was hot early on when Aduro struck $1b deal with Aduro with an estimated $100 upfront.
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