RE:RE:RE:Unless I'm supposed to read this NR in code, I don'tI agree, TST is probably trying to get their buyout from IPSEN. The sticking point is the options at 33/34 cents (not checking exact amount, have better things to do). Once those come in to play the buyout price increases by 10% or the 300 M shares actually go down in value due to dilution.
I would think it would be an easy sell at 20-25 cents a share. The board is probably playing for 40 cents, which would require a new board in addition to higher buyout $. It would be the time to upgrade the board.
They have the cash, just announce a share buyback program and take it private. Market cap is 25 M and they have 43 M. They can then play the lottery and give something back to the shareholders.