Of Note They sure seem cuddly with their 15% + 2% of top line lender???
Maybe, and this is just a hypothetical, that glorious Royalty debt with interest rates that the early 80's would be proud of, winds up as equity, with a solid chunk of heavyweight shares in Graeme's corner.
There is value in Bioniche. But I get a little queezy at the thought of how much there is to be made, and how little my interests may be protected when it comes time to make it.
So long as the company and that independent board behave and manage in the best interest of shareholders, as opposed to prolonging the current regime, we should all be fine...shouldn't we?