I got in at 70c. There was a big transaction at that price. I hope the buyer knew what they were doing with their half million dollars, and that the seller was being forced to offload some risk. I wonder what odds of FDA success the market was factoring in. Was it 70%, and is it now 50%? (I don't know).
Is the FDA the only game in town?
Also up to one extra year of waiting creates an adjustment to NPV as well.
Does that total a $145 million dollar drop in SP, when there is other IP as well?
Will get a better idea tomorrow - good luck to all buyers and sellers.
Good one DS for catching that fly with his chopsticks today. :)
QRX Price at posting:
70.0¢ Sentiment: ST Buy Disclosure: Held