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YM BioSciences Inc YMI



NYSEAM:YMI - Post by User

YM BioSciences Inc > Holy Takeover Premium!
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Comment by blueboyon Dec 12, 2012 10:14pm
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Post# 20722903

RE: RE: RE: Holy Takeover Premium!

RE: RE: RE: Holy Takeover Premium!

I don't see that happening with YM.  The takeover is at $US 2.95, which is closer to $CD2.90, so I don't see any reason it would ever trade higher than that as a rival offer is not likely given that this offer was at a 70%+ premium to yesterday's closer.  YM doesn't typically trade much in a day - how many YM shares were even being shorted?

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