White Knights - FTQ - Caisse de depot
TLN is a Quebec biotech. Quebec is an interventionist jurisdiction. Protectionist.
Quebec gov will intervene to save jobs
Should there be a positive final results on either 4601 or 232
Caisse de Depot
FTQ (long term track record as investor in Biotech)
CSN
They will refinance TLN.
unknown Pharma is aiming for a fair and reasonnably cheap deal.
Management is aiming to go alone but is realistic.
Deal is very likely.
Now, stock price at 0,20 = market saying that company will fail fail fail.
That's too pessemistic. That is a wrong valuation vs. reality.
That's why it is such a great pick.