Post by
narmac on Dec 17, 2022 6:36am
Bioasis marries Midatech! Same sex marriage??
Somewhat, but not really,,,the past history around Midatech is a true dogs breakfast,,,the only similar point is senior management types have changed like our elected representatives. I dont recall any nomes who have been long term with the company. But one point I would like to make is;
BTI shareholders have probably on average put $30 million dollars into our story since the mid teen years.
Midatech probably similar if anyone wants to check, I cant get a feel for its past market cap.
So both company shareholders have bought the techs for ruffly $60 million over the past decade!
However now,,the new shareholders seem to be buying the lions share of the tech stories in both companies for an embarrassing amount of less $$$ and what is conceived to be less risk. So how come??? Would we have no problem if the new structure came with a minimum of $30 million cash or so from these entities so the Biodexa can carry on their operations,,,, That would make things more palatable,,,,,comments???
Comment by
fuzzyjr on Dec 17, 2022 11:41am
Thanks for that explanation- makes a fella wonder why they didn't go that route or maybe they tried & no takers? a good question to have answered at the webinar.
Comment by
narmac on Dec 17, 2022 10:19am
KBC,,you are spot on,,,,,I think we would be in much better shape down the road,,,,and forget the nasdaq for now,,,,if the idea is to get access to more international investors it didnt seem to work for Midatech!!!..Jmo!