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Bullboard - Stock Discussion Forum 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 Discussion

TELESTA THERAPEUTICS INC > Anybody understand this?
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Post by zakmirza on Aug 27, 2013 3:39pm

Anybody understand this?

PP is at 29 cents with a half warrant at 40 cents. Why does the SP go to 39 cents today? I am sure by closing this will be back to yesterday's close. What games are afoot? Mystified.
Comment by SWNE on Aug 27, 2013 4:45pm
It was a few shares on Boil's fluff market that traded at $.35 US. Stupid but happened anyway.
Comment by beechguy on Aug 27, 2013 4:51pm
Does anything ever make sense with this company??  You think trading as high as 30% above an open placement makes sense? Is a company with 30 to 35mm in revenue and or an asset worth in excess of 100mm (possibly as high as 150mm with the VMC) plus urocidin worth another 200mm, trading at .30 make any sense??  A big company that actually has revenue, gets a 130mm tax ...more  
Comment by Nohandledzep on Aug 27, 2013 5:27pm
Beech....of course it makes perfect sense to take the whole shooting match. Especially when the current CEO tells the market that he has the  world's only no risk cancer drug. Apparently Said CEO has been told by both his board and his advisors that there is no risk of Urocidin not being approved. When a CEO, who has never had a human drug approved, makes such bold, definitive, absolute ...more  
Comment by Pogo3 on Aug 27, 2013 7:17pm
Perhaps shares purchased below 20 cents are being cleared out and the seller is moving on to other more interesting venues.
Comment by beechguy on Aug 27, 2013 8:36pm
I sincerely doubt that. If you were GW and you knew all you had to do was unseat Graeme and sell AH and you would have a 5 or 6 bagger, would you move on to more interesting venues? They are not going anywhere.  Wells would not get out of bed for a million bucks. He sees a bigger prize that is for sure. Things are about to get very interesting. beech
Comment by arch12 on Aug 28, 2013 2:26am
Thee answer my friend........is blowin in the wind
Comment by Nohandledzep on Aug 28, 2013 10:09am
Actually Arch, its not blowing in the wind, its blowing through their respective legal teams. As some have suspected for several weeks, I expect the deal between GW and McRae to be announced any day now. Lets just hope that somebody outside the inner circle of the  cult of failure was able to get through to McRae and convince him to walk away from anything to do with BNC.
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