With $4.5m in cash......and no CR risk....this is going to have some big days.......SCU went to $100...and $100m Mkt cap.from a lower cash and performance level but had a CR.....this does not need.
This is going to have some big days. Some panicking T+2 traders....
New buying will return soon....with over 1/3 in cash $14m Mkt cap with float escrowed, and Euro Pharma LOI.....Ipsen is a US$8Billion company. Not bad at all. Distribution all over Europe.
Big days ahead. Sit tight and relax.
Once this re-takes 30c it will fly IMHO.
DYOR
GG
BDA Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held