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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 birdie22on Apr 10, 2016 5:26pm
222 Views
Post# 24750028

RE:RE:RE:Telesta's MCNA is safe and effective in treatment

RE:RE:RE:Telesta's MCNA is safe and effective in treatment
lolstocks wrote: What's positive is that they still hold 31,000,000 shares as of March 31st 2016

From the SEDAR doc:

"As of March 31, 2016, the Eligible Institutional Investor held an aggregate of 31,059,004 Shares on behalf of Consonance Capital Master Account LP (24,847,203 Shares) and P Consonance Opportunities Ltd. (6,211,801 Shares) (collectively, the “Accounts”). The Eligible Institutional Investor’s current aggregate securityholding percentage on behalf of the Accounts is approximately 10.29% of the outstanding Shares."
u.

~ lstx


I feel the same I think now that TST has some additional risk added to it they are just hedging their bet and hope if TST is successfull the upside on remaining shares will moe than cover the loss.

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