Re Fec
Agree with you completely...And to add to that Fec knows that they Can Not bring this to the production stage...So they have invested All of this money and they sit with close to 260 million shares of Cgx...There no way to extract thier value from cgx other than the sale of shares .or the company...They can't sell thier shares on the open market...no volume ...and even when there was ...that would never happen...Thier only option is to sell thier shares or the company to a major...If anyone else sees another way out...please let us know....If they sell a potion of the license to a JV in a partnership deal ...that still doesn't solve thier problem of disposing those 260 million shares(i doubt very much that would happen...why would a major want a partnership with Fronterra and Cgx....what do they bring to the table) So if thier shares get taken out ...our shares get taken out....what price???? Wouldn't put too much faith in recent valuation...Very easily skewed one way or the other... So we wait for Wei and a buyout.... Fec and CC only option IMHO.....