RE: AGM TOMORROW - stockgamblerStockgambler, I believe that scuba00 was asking "what if?" "What if they put out a NR ect ect"
His original post is as follows:
"Here is a scenerio that I would like people's ideas on:
RVX as a Company, comes out and says all negotiations have been put on hold until the end of phase I trials. It is the Company's belief that the fair value of the stock price is significantly under valued, the 3rd party UBS agrees with us. In our talks with at least 4 different pharmas, the value of our Company has numerously been discussed with no actually term sheet being given. With our shareholders in mind, we believe the stock price will increase substancally by cutting off negotiations for the time being, thus allowing us to give the actual dollar per share amount that we believe and what UBS believes should be. It is also our belief that phase I trials through data that has already been collected will turn out very positive.
Wouldn't this scenerio positively reflect the share price , it would also give insiders a chance to buy up cheap shares. It would also allow people to focus on the drug not the sale. If a Pharma is seriously interested this would not deter from giving a term sheet, obviously they should already know what Don wants. And if they really do want to make an offer they couldn't care a less if the Company wants to or not. Any thoughts?"