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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by DamnYankeeson Aug 20, 2015 1:32pm
175 Views
Post# 24036499

RE:A lot of hay to mow now.

RE:A lot of hay to mow now.
Bones;

I just had a chance to review. The jury will be out on this one for some time. I don't yet have an opinion on whether an influx of institutional money, at this very late stage, validates a 50 increase in the float at 34 cents. Particularly when we have been lead to believe that there were multiple interested partnerships available. I guess we didn't hear anything about them, as an upfront cash arrangement through a partnership would have negated the need for a massive 34 cent financing.

However it was decided upon, the financing goes a long, long, long way in explaining the heavily manipulated, heavily range bound trading and complete abscence of effective  IR and promotion over the last 12 months.

With all that said, most TST shareholders can easily be bought for a short lived 10% uptick.
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