NorthWest Biotherapeutics Inc (NWBO)

[exwannabe]

I said it, and stick to my opinion that it would be a good move. We do not yet know what they are (or were) planning, so the jury is out on that one.

I was not suggesting a "fire sale of assets". I was saying a transaction that makes financial sense and has no operational impact.

The plan has been to own Sawston and let Advent rent it. Selling it to Advent would make financial sense as NWBO has a high cost of capital.

For whatever reason, the current mortgage is 12%, plus they have to pay another 3% to roll it every year. In today's market, you do not borrow at 15% to rent out property.

P.S.: I could also speculate that getting a final decision on that environmental issue could be the hold up. Confirmation that it only requires a barrier would add something like $5M to the sales price.