Farewell, jodie...... To be able to retire in Austria sounds like a dream come true to me. I've never been there before, but pictures I've seen are absolutely beautiful. You've been tough on lots of folks here, but at least you've been consistent. I must admit, at times, I struggled with your demeanor, but did learn a lot from you and found truth and sincerity in your posts. I especially like your comments to Novak, as I always thought you had respect for what Jon tried to bring to the board, even though you often challenged and baited him in a difficult manner. Lastly, I hope this post finds you in the best of health, such that you will live to enjoy a long retirement in Austria. Thanks, GOOD LUCK and STAY UP !!!
Thanks for the detailed reply and the excellent information. I was just trying to figure the Base royalty, but appreciate your detailing the computation for the Bonus royalty. I simply used the $71 from the recent CLF's financial information. I realized they're assumption, but hopefully, this price is valid and the 3,000,000 tons will actually be shipped in 2016. GLTA !!
Is the methodology used in this simple project of BASE royalties correct and reasonable?
Tonnage Price Proceeds Percentage Total Per Ton
1,000,000 71.00 71,000,000 0.025 1,775,000 1.78
1,000,000 71.00 71,000,000 0.035 2,485,000 2.49
1,000,000 71.00 71,000,000 0.050 3,550,000 3.55
3,000,000 71.00 213,000,000 0.0367 7,810,000 2.60
Trust Expenses 1,312,267
Net Royalties 6,497,733
13,120,010 Units of Beneficial Interest 0.50 Distribution
Ended Royalties Distributions
01/31/15 26,071,046 1.840
01/31/14 22,042,591 1.620
01/31/13 31,561,481 2.325
01/31/12 34,154,182 2.530
01/31/11 33,327,638 2.485
01/31/10 13,229,737 1.150
01/31/09 35,422,649 2.480
01/31/08 18,816,542 1.350
01/31/07 17,833,856 1.600
01/31/06 21,527,222 1.530
01/31/05 13,535,305 0.770
01/31/04 7,223,388 0.490
01/31/03 5,052,956 0.360
Totals 279,798,593 20.530
Average 21,522,969 1.579
Thanks for the reply, nowak. I see things much as you, thinking it SHOULD be approved, but still remain duly-cautious because of the way it went down last time. Braeburn's involvement, especially with the former Director on board, HAS to be a positive, but certainly no guarantee. Like you, I have a sense that the same sticking points APPEAR to still be an issue. It is difficult to know. I sure hope it passes and can quickly begin to help folks and solve problems with distribution, although the ramp-up will surely be slow. I can agree that the two selling points you mention are the only two, really. Taking the risk to sell after is the only real decision that must be weighed. Lastly, I hope the long-timers here make a profit. They certainly deserve to. GOOD LUCK to YOU and to ALL !!
Ended Produced Shipped
01/31/16 - -
01/31/15 4,874,420 4,639,326
01/31/14 3,872,464 3,895,065
01/31/13 5,100,773 5,227,246
01/31/12 5,122,249 4,961,602
01/31/11 4,580,384 5,491,700
01/31/10 3,141,395 3,241,237
01/31/09 4,774,939 5,146,687
01/31/08 4,719,005 4,248,785
01/31/07 4,575,655 3,684,763
01/31/06 4,468,263 4,207,240
01/31/05 4,597,956 4,557,842
01/31/04 4,679,431 4,990,757
01/31/03 4,145,782 3,946,387
Totals 58,652,716 58,238,637
Average 4,511,747 4,479,895
I see what you're saying and it makes sense. There have to be strategies and agendas regarding the price. When news is announced, usually outside of trading hours, how do those waiting for it make money if they are short or do not own the stock? I'm sure there are ways, so I'm asking. Thanks.
There may be truth to what you have said, but the price is certainly cheap enough. If "everyone wants it" ...... then why don't they just buy it? The price is certainly cheap enough and has been for quite some time. I'm long and have been ever since the first AdCom, very disappointed in Belviq and hoping for good P2 results this year to raise the price. I do not pretend to understand reasons for the constant bashing of the stock, when the price is so low right now. You are right, though, the bash count is pretty amazing ..... GLTA !!
Everyone knows you're not shorting, you're buying, so give it a rest. You are just raid enough in your posting to think that you can drive the price down to further nibble-purchase a lower buy-ins.
I can agree with the question, but the answer is a personal choice. Obviously..... Personally, I would take the $8.25 and sit on the sidelines for sales ramp, understanding that there might be a chance that you would be out of the money on a buyout. These calls aren't easy to make.
It would not be unreasonable to assign a fairly high probability of early approval. I've seen this happen on second times through....... Just sayin'.......
Where do long-timers here see is the absolute bottom for TWO?
It has been sinking, of late.
My desire is to buy and hold. I'm waiting for the best entry point.
Thanks, in advance.
This is my recollection, also, JR. Questions were raised, seemingly late in the game, about dosing levels. This created some alarm for investors and was a contributing factor toward receiving the CRL. Hopefully, the dosing issue has been re-visited to the satisfaction of the FDA.
I ask nowak questions because is knowledgeable, thoughtful and open-minded. He has always been accepting of valid questions and criticisms of Probuphine. Rightly so, he is intolerant of flip and smart-aleck comments made outside the true spirit of the investor community here on the board. Everyone is entitled to their opinions, including what to think of others. For me, I have always been interested in what nowak had to say about Probuphine and TTNP.