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0.00% 12.0¢ regeneus ltd

Ann: Regeneus and AGC collaborate on Progenza in Japan, page-11

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  1. kar18na
    1,007 Posts.
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    29/12/16
    11:43
    Post #: 21589625
    I had a cross trade on this which cleared so I now own Regeneus but I'm not convinced on the deal.

    They have given a lot of upside to Asahi Glass via the 50% joint venture.

    Not sure if Edison's $498m NPV on this deal is still applicable.

    I know I'm quite negative so would be interested to hear TDA's opinion on this deal..

    $5.5m upfront is good, alleviates cash concerns for sometime.
    Last edited by kar18na: correction 29/12/16
    RGS Price at posting: 18.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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