GREY:IPHAF - Post by User
Comment by
macbethorfauston Aug 12, 2010 11:27am
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Post# 17344850
RE: So what’s going to float ISAs boat?
RE: So what’s going to float ISAs boat? Well, in fact, no deal and ISA is bust. Whatever deal it is will be tough one.
Again, looking for positives though note the comments in the MD&A about the issues taht FDA had. First that is not necessarily the kind of issue that the European agency would use to deny approval - so despite my earlier pessimism there is some hope yet (although I would not yet use the word "probably") that Europe will get approval. Second one can be pretty confident that the new trial will have positive outcome - I was worried before that it might be somethign else - looks like Professional was right.
BUT again without money ISA will shut down by the end of the year. Someone surely must see the opportunity here though and will come along - a third party can drive a much better deal with ISA while its alive than they can with Lux or Palladin if it isn't so I think something will happen but it will be a tough tough deal. However, with the right entry point (i.e. 10 cents as opposed to 3 bucks) the opportuntinty is still potentially pretty exceptional not matter how tough the deal. So I am not back in but I am definitely hanging around.