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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Post by beechguyon Jul 18, 2014 9:56am
319 Views
Post# 22758733

I'm shaking my head

I'm shaking my headwho in their right mind is selling at .20? Buyout likely coming within 60 days. The only thing I can think of is a potential financing is still looming I guess. Partners will be very easy to come by with this news. Instead of 5 or 6 years to commercialization it could be less than 18 months. Previously a partner would have to come up with 30-50mm up front 200mm in milestones and 100m for the 2nd trial. They could buy the whole company for half that now and do some paperwork. Berendt said at the AGM that accelerated would give us 10 times more leverage with partners than without. What does no 2nd trial do then?? Smarten up sellers, you will be kicking yourself shortly! How about that US listing Dr. Berendt? Now would be pretty good timing. beech
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