RE: RE: RE: Valuations Artey...My reference was to Jonestown...not really a tourist destination, or a place that gets a second thought. Much like Bioniche. The "Kool Aid" reference is for the kids and the simpletons, most of whom couldn't explain its origins.
With that said, I doubt very much that the initial decision to start the divestment process came from Bioniche. They have had GW involved in some consulting capacity, they have RCP involved and have had Evercore involved as well. It is not a stretcth to thing some or all 3 have told them that Bioniche needs to be split into pieces to unlock value.
I think that it is as clear as could be that the company has been trading at a fraction of its value for 2 years, with no hint of a turnround.