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Message: Re: Right of first refusal
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Mar 04, 2019 12:45PM

Koo - You said it was not a $multibillion sale but you were talking the value of the ROFR while I was referring to the value of a US license which definitely could be $multibillion. I was comparing a $10 million cost to having the right to make a $multibillion purchase of the US license and be sure it belonged to HL if they wanted it. In that case $10 million is small compared to being sure they get the license if they wish it. If it wasn't worth $multibillion, we are all in for a sad day as the share price would not be worth anywhere near what we hope for. The US market is a huge portion of the world market.

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