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"The AUD $502.4M (arguably small?) valuation..." Well BMS are...

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  1. supertramp
    9,595 Posts.
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    22/04/18
    03:41
    Post #: 32609320
    "The AUD $502.4M (arguably small?) valuation..."

    Well BMS are paying up to US$3.6b for just 35% of Nektar's drug, so vla are super cheap compared to that.

    I'm giving it a few more weeks for a $2.25 to $2.50 offer to come through. Not sure it will, but I think it makes sense for BMS - even if it's to stop Merck getting hold of CAVATAK.

    https://www.ft.com/content/00033a08-119c-11e8-8cb6-b9ccc4c4dbbb
    VLA Price at posting: $1.70 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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