RE:RE:WTFI still think Sirona had no choice in the matter of how large the upfront payment was. Abbvie told them to take it or shove it.
forhandlaren wrote: Daily bids are removed after the close and can give misleading impression.
However, I'm concerned - not so much for single digits because most of the sellers triggers a loss, but lack expectations are reflected.
The science are usually successful and results from two important clinical studies are expected within a few weeks so I guess the rationale is that the market doesn't care because lack of trust that Howard can turn this into profitable deals.
One big mistake was to prioritize a presumed nice royalty over an impressive up-front. The negative consequence could be less revenue in the long run, but a much stronger company and positive momentum. I would have choosen the latter... Anti-aging is the real block buster!