We have a strong potential therapy for Covid - (and I admit that there are hundreds more compounds chasing this same market) - last weeks market movement was abysmal given the circumstances - RVX should deserve better but absolutely no volume or interest - Why?
This is just an opinion and my observations on the dynamics of the ownership in RVX -
DM is the keystone that keeps Hepa and Eastern at arms length.
Remove the keystone and there will be a Hepa takeover.
DM has done a marvelous job funding the growth of the company without acquiescing control. Enter the Shiek - a new source of capital not aligned with Hepa or Eastern giving Resverlogix funds to continue until a BP partnership or buyout. The dynamics of Hepa make for a difficult engagement or marriage with BP
jmo
Chicagoest