RE:RE:Other DealsYes, Sir! That's right, Sir!
My thinking too. Clearly we have heard a very, very clear message from management (share purchases), directors (share purchases), the CEO (big share purchase), the COB (multiple transactions), and Dart/Eastern (multiple transactions) that they all believe that RVX-208 is the real deal. And very valuable.
If they are all so convinced, it is because the cumulative ("enormous") amount of data is very clear - even at this stage in the game. That's why they are convinced.
Given this, pharma must know it too. And that means multiple pharma. They all know it now.
Which means that the real issue is likely one of priced/terms in a deal. Nothing else.... IMHO. Price and terms.
I think Don, Dart and team want a high price - either for a transaction now or one later on (lower "high" price today, higher "high" price tomorrow - but no fire sales. Quite to the contrary.). I personally think there's a high-stakes, multi-party negotiation going on right now. This Citi/Eastern arrangement is just another poker move - and a very important one. It tells the pharma: WE DON'T NEED YOU. YOU NEED US.
That high-stakes negotiation could get resolved any day. Or it might get resolved after RE-MACE. We just don't know.
But what we do know is this: We clearly have something very, very valuable. Worth a lot more than 90 cents. There's too much evidence of that lately.
IMHO. DYODD.