RE:RE:RE:So the managment has made its decision.Management did a great job. It was very risky trying to bring MCNA to the market with only an old single arm study. FDA signalled they should try and so they did - and lost.
Imho Telesta was on the right path. They even convinced US boys to invest $28.6 mio.
Now that they got the final FDA-No, they have to rethink the whole business model.
I think we will see Ipsen buying up the company within the next months. The share price will reflect that. No one sells a company under cash - especially not with a phase III product and a manufacturing facility. And the US Boys will also try everything to get their investment back for sure. They paid 0,34 CAD per share and I think that's where we are headed within the next months.
So I'm a buyer here.
xqx