GREY:ICOTF - Post by User
Post by
SchiffKnowsBeston Nov 22, 2017 8:42pm
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Post# 27015998
How This May Unfold......BUYOUT SOON!!!!!!!!!!!!!!!!!!!!!!!
How This May Unfold......BUYOUT SOON!!!!!!!!!!!!!!!!!!!!!!!The timing of this release is telling.....Right before the American Thanksgiving which may have even been requested by Immune pending a deal to buy part or all of ICO in the next couple days to try and bury it so no other competiting Big Pharma will see it during the Thanksgiving Holiday.
So......What if Immune comes with a deal to buy all ICO (hence the 18M USD they just raised)......Or if they buy everything but AmpB and allow that to be spunout in the spinco for old management to manage.
This is why we've seen the obvious capping......Because they can't let the share price run away in the 9th inning!
If they use the full $18M USD then that is equivalent to 22cents/share which would tell us that would be for the whole company......Maybe an offer for 15 cents/share and see what happens?