RE:RE:RE:RE:20.72Milliard d’action en circulation et 1.45milliard de cappeasoupfog wrote: Jacques4444, you are assuming that Consonance Capital will not exercise their Rights on their 3 billion shares. Can we get that confirmed by some link or in black and white somewhere? If the do exercise their Rights we will only get about 1.25 shares for each one we own. Not the 6.66-20 that you mention. I will only do it if they don’t....
peasoupfog as I told someone earlier, Consonance, through the recent pp, becomes the second largest PLI tute investor (next to SALP).
However, it is
not a normal practice for the third party to disclose what their own investment stragegy is (i.e. Consonance has
no obligation to disclose to SALP, Prometic, or Prometic's retailers what they will do if their 3.3B prometic stocks are also eligible for the rights offer).
In the rights offer, I think that each eligible share holder indicate how many shares (up to x20) they wish to buy and then the company will let them know once the offer is closed and subscribed share number totalled, or if needed, pro-rated.
It seems to me that your condition for waiting on Consonance's disclosure before you'll take part in the rights offer may prove a difficult (if not impossible) one to meet.