RE:Prospectus & Event Catalyst
longrun86 wrote: This morning I decided to take a position in Knight. I like the price, the strategy, and Management's alignment through share ownership.
My hope is that all of the impatient shareholders have moved on and only those with a long term view are left standing!
The short form prospectus is interesting in that it allows for a combination of debt and equity. While the time horizon is 25 months, I am hoping there will be an event prior to that which is likely dependant on a resolution to Covid and Management's ability to travel.
I am by no means an expert in pharmaceutical drugs but am looking forward to learning a lot more along the way so please feel free to share resources that you think a person with a "non-scientific" background would benefit from.
Best of luck,
LR
Welcome to GUD Longrun.
As Straightup indicated, gotta have thick skin for this one but I'm betting this is a great entry point as well. I am also betting it pays off very well eventually.
Keep in mind there is one very interesting licensing agreement that GUD has with ATE. I would like to think the shelf prospectus is in part related to gaining additional geographies in LATAM. Have a look at Antibe Therapeutics website presentation to better understand what they may have coming to market in the future. Also keep in mind that one of their drugs is in COVID trials now but you won't see much written about it - on the hush-hush. Guessing it is H2S/Aspirin related and on the therapeutics side).
I would also think GUD may want to add LATAM to licensing for the TULSA PRO from Profound Medical but I don't see that being anytime soon. They still need to get access to the product for Canada. The USA rollout was first.
The shelf prospectus could also be used to get a foothold in Mexico and/or South Africa as GUD does have an eye on M8 Pharma (Mexico) and certainly other competitors in the region ... but ... they also need to think about servicing 45+ countires in Africa for their ATE licenses. The good thing is ... Goodman has already been to Africa in a past life.
Anyway ... that's lots to think about for now. Good Luck !!!!!