Replies to post #798421 on NorthWest Biotherapeutics Inc (NWBO)

[learningcurve2020]

Now…really “the most bearish take”:

Financiers know the company is hanging on by a thread and are out of stories to tell, so they demand LP rolls up Advent into the company. Meanwhile it’s unclear if LP has pulled a fast one by turning it into an equipment deprecation shell?

[dennisdave]

Appreciate you brother. And the biggest tell is THE FACT THAT LP SOLD ADVENT TO NWBO AT A LARGE DISCOUNT
If LP had any doubt about the MAA outcome, the smartest financial move would have been to wait for the MAA decision before deciding whether to sell Advent to NWBO or to sell it independently. Advent could have easily been sold on its own for hundred of millions of dollars after MAA rejected when NWBO went to $.01 and all its shareholders lost everything. People like LP do not hand over private companies worth hundreds of millions just to temporarily signal false confidence.
That is not how she has ever operated as indicated by selling Cognate for $856 million and also her willingness to maintain complete silence through this 700+ day MAA delay despite the share price dropping under $.17 and investors demanding an explanation. The fact that LP sold Advent to NWBO at a deep discount strongly suggests she sees much greater value coming from the NWBO side, not from selling Advent separately.
Most bullish take:
Advent ends up being part of a future NWBO buyout or partnership, which would make LP’s 250 million plus NWBO shares worth far more than any standalone Advent sale.

I 100% agree. I personally believe it was the MHRA who told NWBO they had difficulty distinguishing between NWBO and Advent when NWBO submitted a request for a CMC expansion. That likely contributed to NWBO’s decision to acquire Advent, so there would be no more entanglement about where Flaskworks/Eden ends and Advent begins. The MHRA needed that separation to be fully untangled.

[sentiment_stocks]

I completely agree with your take… I just want to make one correction.

That is not how she has ever operated as indicated by selling Cognate for $856 million

LP did not take part in that sale and saw no benefit from it. A few years prior, she had sold Cognate to management and was given maybe some four or five million (which she promptly loaned to Northwest), Advent in the UK, and about 30million NWBO shares that Cognate had received over the years as partial payment. All of which argues even more how LP has put all her eggs in one basket, along with so many of us, IMO.