They're fast tracked on a bird flu vaccine. Fast track vaccine status for ebola coming soon. Wake up.
Good Morning nukeamullah, there's so many new faces on the board these days that they didn't get to experience the days of the your rants and bashes using all those ids including mzrgnr. How are things at the trailer park, and how's that job cleaning bedpans over at the medical center going? Did you retire yet? Good to have you back, you can break up the lull here while we are waiting on the next leg up.
What does it take? A miracle, divine intervention, or a gift of $20 billion from someone.
A new CEO and management group might help, but who wants to wait 5 years to see if it can be turned around. Getting more ugly by the day, oil prices falling and gold headed to $700.
You're wrong on the revs miss or revs decline causing SP decline. Your statement that it's drifting lower because of lack of news is indicates you are either not paying attention or a complete D.F. They have two save the world from potential imminent doom vaccines that could be close to approval for sale, one already fast tracked, the second to follow. RSV going to phase III after one additional phase II. What news were you hoping for?
Good post, things have never looked brighter, but I have a hard time understanding why often it's the same scenario with nvax, we have great news, the future couldn't be brighter, and the SP goes down instead of up? I guess that's the manipulation that goes on with nvax, or is it the case that we are going to have to wait until one of nvax's save the world vaccines is licensed before we get a truly big pop?
Remember when FCX was a mining company and you thought you knew the stock you were holding? That was before that slap in the face by moffett and crew that cost all fcx longs $10 per share in an instant. The hangover has only gotten worse since then. Considering all the related parties on both sides of that transaction, management, the board, should have insisted on putting MMR out for bids? Does anyone really believe that there was anyone in the universe that would have paid twice the share price? It wasn't worth the SP of $8, let alone the premium. No one would have bid, and MMR would have slid into some sort of liquidation or protective bankruptcy ultimately considering their cash situation, billion dollar dry holes and probable inability to raise cash in any other way. Totally unjust for FCX shareholders to pick up the tab for bailing out MMR shareholders, but that's what happened, and it was a cram down with no say from the shareholders.
Just read the article you posted about, I think i'll pass on getting flu shot this year. Last thing I need is early onset of Alzheimer's.
$1.8 billion gross proceeds, only $1.5 billion net of tax. This is starting to read like a liquidation/bankruptcy sale. Selling your valued assets to pay down debt. The unfairness to FCX shareholders being the MMR acquisition. Not shareholder approved, related parties and crossover interests involved, paid a ridiculous premium for a company on the brink of insolvency, and financed with debt load that is now crippling the company and forcing liquidation type sales of assets. I remember the stock dropping $10 per share the moment it was announced, and shareholders continue to feel the pain from that horrible related party decision. Bottom line, this company appears to be run like it's a private company, not a company with shareholders. Should have sold it the day FCX shareholders were thrown under the bus.
Who out here knows anything about their capacity? I'm sure they can handle the extra workload without sacrifice to other projects. As far as reasonable payback, remember governments will be the buyers of the vaccine. They'll distribute it where and at what price, if any, they see fit. What's is worth to the governments in West Africa to stop ebola? What's it worth to a modern developed country like the U.S. to stop an ebola pandemic? What's it worth to the government of China to stop a bird flu pandemic? If you want to be a leader someday in the vaccine industry, you have to do what nvax is doing.
dsac0430, when is it going back up like you said? Looks like it's going lower daily. Below $70 is now expected, many are thinking the $50's. Do the math, supply is exceeding demand. Price will continue to drop which will hurt all the oil companies let alone a company that drills mostly dry holes.
The money to be made from ebola and bird flu will come from governments stockpiling the vaccine to combat pandemics. How the governments distribute the vaccine and what they charge will have nothing to do with the price that nvax will charge. The money that can be made with both bird flu and ebola will be significant.