RE:MPL to be sold.alleyesonme wrote: Keith stepping over to the board in order to transition MPL into the larger entity purchasing the Corp. (IMO speculation).. the recent PR didn't mention who will be taking over as president/wheather Pidduck will assume the role/ or if a search is underway...this was by no means poor performance on Keith's end otherwise he would never been given a seat on the board...pre q run up typically occurs week prior, never three weeks...something's up and the rumour mill is turning on bay st...majority of shares are being bought up by institutional investors...(anonymous, a cover only offered to institutions)....should be an interesting couple of months...Keith did say he would be busy preparing for the epidiolex launch in the US. Perhaps a deal is being negotiated before this hard date/partnership details are released...MPL is the only Corp other than Jazz with the certs/and ability for large scale manufacturing today (to my knowledge) for a prompt and swift entrance into the generic epidolex arena....
Sold at what valuation? The current or the possible? No way this business sells at the current and no way of knowing what the possible is until the big catalyst shoe drops and thus nobody votes in favour until then. Now if a big announcement comes and in combo an offer is made on the back of that then fine. But I for one wouldn't mind letting Pidduck take the Ferrari out of the garage for a little while before selling it off unless the price is just too juicy to ignore. And a juicy price doesn't have a zero to start it.