RE:Big buyers in the open market at 29 cents?
Rube...What if an offer is tabled next week?
Obviously Bioniche is massageing the offer process to ensure that no hint of an offer or its details would go public before this financing, as the money they don't need but are intent on raising, would then be doubly redundant.
But what if a Bayer stepped forward with 140 mil offer, clearly annihilating any validation for the BS placement. Would we hear about it, in this new period of transparency we are in.
My hunch is that we would not. I suspect that no offers are going to be accepted until these 25 million votes are properly dispersed to pro M hands.
Then these hands will double or more as soon as the AH offer is tabled.