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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 > Will somebody
View:
Post by jakobie on Aug 22, 2014 10:41am

Will somebody

who actually understands this offering explain to us dummies how is this so bad for shareholders - instead of just bit...ng about the insiders getting rich. Tks. jakobie
Comment by blartar on Aug 22, 2014 10:51am
MORE SHARES ON THE OPEN MARKET NOW ! NOW WE HAVE TO SHARE ANY PRICE INCREASE WITH MORE PEOPLE. LESS FOR THE ORIGINAL SHARE HOLDERS WHO TOOK THE RISK !  OK
Comment by IoftheLynchMob on Aug 22, 2014 11:17am
It would seem to me that a deal for this financing was cut prior to the initial BLA submission news, irrespective of where the news may have initially taken the share price. Someone, or some group made damn sure that the share price settled below 30 cents. Whether it ran to $2.00 on that release or not, it was coming back below 30 cents. Like Beech said, kudos to the insiders who were able to ...more  
Comment by SWNE on Aug 22, 2014 10:56am
It appears via the level II that the market is ambivalent wrt this news. It's always better to bargain from a platform of strength to get best deals.
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