POH has proven to be incredibly resilient given the current...

POH has proven to be incredibly resilient given the current situation. I have no doubt that POH management is working feverishly behind the scenes seeking a solution - partnerships, maybe a merger of some description. It may well be that without something along those lines will be the only way POH can survive.

The fact that buyers are seeking 250mil shares may also indicate that many people think that a solution (a third party rescue) is a valid possibility.

The key will be what the level of "costs" that SIAC imposes on POH - and they may just say that each party wears its own costs. Though POH is expecting a significant hit.

A $5mil penalty for example will see POH in a position of being insolvent - Even a CR would not be able to raise funds to cover the debt. $2mil in the bank is not much of a buffer.

An aggressive company that would like to gain POH (and they would have to see value in its business) could come in and buy the company and its debt for a $1.  If no buyer exists, then POH will effectively be bankrupt. These are the darkest of the options of course.

In the end, having a superior technology will not in itself save POH. I note that there has been considerable discussion on its merits but that could well be irrelevant if POH is in a position where it can't take any advantage.

POH needs its white knight - maybe Terumo. A partnership or merger or sale to another company appears to be the only way out for POH. I hate to come over as negative but I can't see POH surviving as an independent company in a years time. That saddens me as I have owned shares (now sold) since 2012. POH has had its share of setbacks over that time - and maybe more than any company deserves.

At the moment, any suiter would have to take into account the potential costs that may be awarded against POH by SIAC and see value in POH that outweighs those costs. Maybe the real action will take place once SIAC hands down its decision.