frog, by your own assessment, Dutchess is paying approx. a 16% premium for dnap shares.......
[versus the 20% discount ljc is getting]
Agree?
A formal deal is necessary for such a large, substantial investment versus your open market accumulaton view....and they only received a 4% discount to market when ljc is getting 20%. But yet they still ponied up the $35 mill commitment anyway. Would seem obvious, to even the less astute investor, that Dutchess has voiced their enthusiastic support of DNAP with this deal. Thus, it's a POSITIVE sign of what they must envision for DNAP's [and their] future. There, I answered the question you and spook have been unable to come to simple terms with. It's a POSITIVE SIGN.....'nuff said.
Oh and this was a real laugher from you: if Dutchess "is in fact representing themselves in a major acquisition, then the indicator is not nearly so positive.".....please stop the nonsense....
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