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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 scroll4factson Aug 29, 2016 8:09pm
164 Views
Post# 25189097

RE:RE:Monday's ? of the Day & Things That Make You Go Hmmmm!

RE:RE:Monday's ? of the Day & Things That Make You Go Hmmmm!That's a good question.  Is this info confidential?  I don't still get it.  Was there a conference call that I missed explaining why would this deal be in the best interest of the shareholders. To me it looks like a fire sale and as far as I know we are not going bankrupt in the short term.  What are their motivations?  I would like to understand exactly why nothing better has been found and what has been done to find a better offer.  Why would MCNA, 2 plants and millions in tax credits now appear almost worthless?  All this to me seems very strange.  I mean, in my view even a 42c/share offer would have looked like a very good deal from an opportunistic and motivated buyer.

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