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Takeda Pharmaceutical ADR Rep 0.5 Ord Shs V.TAK


Primary Symbol: TAK

Takeda Pharmaceutical Company Limited is a Japan-based company mainly engaged in the pharmaceutical business. The Company is engaged in the research, development, manufacture and sale of pharmaceutical products, General medical products, quasi drugs and healthcare products in Japan and overseas. The Company's research and development functions are concentrated in four areas of oncology (cancer), digestive system diseases, rare diseases and neurology (neuropsychiatric diseases), as well as two business units of plasma fractionation products and vaccines. The Company is engaged in the improvement of pipelines at research and development centers located mainly in Japan and the United States.


NYSE:TAK - Post by User

Post by rory17on Dec 20, 2012 4:40pm
166 Views
Post# 20757814

Why would anyone buy TAK at $.04

Why would anyone buy TAK at $.04

I find it hard to fathom why anybody would buy TAK at $.04. Management will fee the company dry as they have stated in the last Sedar report where they said they would run out of money in 6 months. If they could raise money the dilution would be massive at these low prices. I hear they have good trench results on Rosebute, but even if that is true the drilling would be very expensive and it would take a full season of drilling just to get an idea of what could be there. A roll back could not be ruled out as these types of companies do this all the time.  10,000,000 diollars raised and investors have no idea of what TAK properties are potnetially worth. I don't get it. IMO

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