Post by
west24 on Feb 15, 2023 2:28am
Third Quarter Earnings
Overall positive news from the quarterly results and meeting today. Appreciated Kip's honesty. Sounds like there are potential takeover bids for Merit (although Burcon themselves ideally will be successful in a takeover), and he hinted at potential partnerships outside of Merit that may be close to being announced. As one individual on the call mentioned, with the market cap currently 37 million, this is less than the value of patents alone. Certainly not out of the woods by any means with funding required past June 2023, but I'm impressed by Kip so far. Hopefully he can use his connections to bring something positive.