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Monday, December 30, 2019 11:04:29 PM
I believe BP is interested however, the sticker price is too high. They may be in collusion with HFs, etc. in getting the share price down in order to negotiate better terms. They look at value based upon multiples of the then extant share price. LP, on the other hand, looks at MC value where share price derivatively falls out. Big difference and for now, BP is on the sidelines. They may be betting that although the trial may be successful, NWBO going it alone in commercialisation, will face severe challenges and require BP intervention which BP may leverage for significantly better terms. I do not believe the latter will happen. If LP cannot get an offer she cannot refuse, she is willing to go it alone.
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