Staged BuyoutWould anyone agree with this thought: Don's Option 1 Development Plan sounds very much like a Contingent Value Rights deal, essentially a staged buyout with a floor price in place and room for extra based on milestones. If so, I would expect zero dilution from the deal. In fact I would imagine the upfront could be quite large, even to the extent the company could start buying back some shares if the price dips again in the future, causing consolidation of share value, not dilution. Also, I wonder if it could be a buyout that dissolves existing shares at a nice PPS, plus creating some new shares (non-voting) for potential future milestone payments. Dare to dream. Thoughts anyone?
Also, I seem to remember a time maybe 5 years ago, when in one presentation it was suggested the future total revenue of the company could be 150 billion. A short time later I also heard the number 350 billion. Does anybody else remember those numbers being thrown around at an investor presentation in the past?
Without a doubt the indications we are working in are huge. To me a buyout of this cutting edge technology makes all the sense in the world, especially if two SGLT2 manufacturers each want the role of 'partner'.
J4P