>if you think this is propaganda, what do you think the truth is?<
What I’m characterizing as propaganda is the notion that the financing deal will allow GTC to negotiate materially better terms in the partnership deal than they could have negotiated without the financing. If anything, the damage the financing deal did to the share price makes it somewhat harder to ink a good partnership deal.
Prospective partners have an opinion of what a given piece of the US ATryn rights are worth to them, and GTC has its own opinion. The problem, evidently, is that these opinions are still widely separated.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”