Comment by
MirrorWorldMan on Jun 13, 2022 1:17pm
No money manager will touch this without numbers
Comment by
Pareto8020 on Jun 13, 2022 2:10pm
Yep - they really should have waited and included the numbers for the deal. Hence the tepid reception of the "blockbuster" news. Fingers crossed the upfront is a decent amount and the royalties are in SBM's favour not AbbieVie.
Comment by
MirrorWorldMan on Jun 13, 2022 2:21pm
They should of requested a halt to trading and prepare clear transparent details. Twits
Comment by
Transperance on Jun 13, 2022 2:48pm
Don´t know if they halted the trading in Europe, don´t think so by the look of the intraday chart, but the timing of the news release was not adequate. The NR came before the market opened in Canada alright but it was in the middle of the trading day in Europe.