OTCPK:ARTTF - Post by User
Comment by
Newickon Oct 20, 2017 2:16pm
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Post# 26837942
RE:Artemis boosters club
RE:Artemis boosters clubarh0070 wrote: Interesting to reflect on why Artemis feels the need to take out advertising in an Aussie newspaper if this discovery is the best thing since sliced bread.
I think Artemis suffers from "market cap envy". They hold some nice assets, but their market cap is only about 14 percent of Novo's. They probably feel that it needs to be higher for better dealings with NVO/KL. They do not seem to get much press from the NVO/KL side, so they are advertising. My guess, and this is just sheer speculation unencumbered by any facts, is that NVO/KL would like to keep Artemis' market cap small so their assets can be acquired cheaply. Does this make sense to anyone? Thanks.