Replies to post #99412 on Innovation Pharmaceuticals Inc (IPIX)

[scottsmith]

Sweet, sweet music.

[BioHedge]

If that is the goal of Leo/Menon then you're probably correct that it won't matter in the end. That said I'd rather have a deal guy on the board who's negotiated 10B buyouts and has friends as the big i-banks to help facilitate the conversations.

One thing I've learned is nothing goes as planned so it's best to have all options covered. If a deal doesn't happen soon I'd like to see a team in place to maximize growth and market value.

Again, I'm not trying to be negative just airing my opinion on a company where many of us have significant exposure.

[frrol]

I think Leo and Krishna expect a buy-out exit too. Which begs the question why a top-tier IB was not one of their nominated board members.

It's nothing critical in my mind, just worthy to note and keep an eye on. Looks like Nasdaq is giving it a pass.