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9342-8530 Quebec Inc DGCRF

Healthcare Biotechnology
Diagnocure Inc is a Canada based biotechnology company. It is primarily engaged in the business activity of development and commercialization of products relating to the diagnosis of cancer. The group generates its revenue from research and license agreement. The head office of the company is located in Quebec, Canada.


GREY:DGCRF - Post by User

9342-8530 Quebec Inc > UPDATE
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Comment by Dibah42on Jan 11, 2016 10:09am
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Post# 24446012

RE:UPDATE

RE:UPDATE
i understand the process needed for the redemption of preferred shares in order to free up the current debenture, but cur is still worth at least $11M to be received from Hologic, which is the value of its 52-weeks high trading stock price. i have no confirmation that royalties will be paid after the transaction closes.

I wish it were true that the 52 week high would be the fair value today. But that simply is not the case.
And I'd add that it is a pretty safe bet that PCA3 royalties will NOT be paid by HOLX to CUR after the purchase of assets goes through. If I bought out my car lease today, why would I continue with the payments?
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