Post by
William1968 on May 14, 2016 9:38am
Buyout
With yesterdays's results, I would expect an offer to now come sooner than later. If you were going to offer $50US (or any number) for cxr, you now want it out ASAP to appear to offer as large a premium as possible before the share price runs too high. Thoughts?
GLTA. Long CXR
Comment by
stjjmac on May 14, 2016 9:57am
That was my feeling as well, the longer that CXR is able to execute on its business plan the more valuable the company becomes and the higher the pric for a take-over. I expect we will see good buying next week on this basis.
Comment by
ohwhatanight on May 14, 2016 10:52am
Good point but I really think the current SP makes CXR way to attracitve. At the end of the day people get ill and need drugs..... In or Out.... CXR has debt in pounds ... this in itself creates a bit of a hedge. I agree that they will stay... but you never know GL