The message to shareholders following formal approval will be telling. Until now, JT was able to remain vague on EU strategy, as anything more would have been speculative and conditional on approval. Now that we have EMA approval, it is time for JT to provide guidance as well as outlay a detailed plan for maximizing and growing shareholder value. A CC is absolutely essential and anything less would be completely crazy given the magnitude of EU for this company.
If, however, JT mumbles and bumbles his way through another drab CC, remaining committed to vague GIA strategy...oof look out. PPS would likely not respond favorably (which perhaps would be the ideal prelude to a BO...why else would JT remain vague at this critical stage??).