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Bullboard - Stock Discussion Forum
TELESTA THERAPEUTICS INC
T.TST
Healthcare
Biotechnology
"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."
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TSX:TST - Post Discussion
TELESTA THERAPEUTICS INC
> fees?
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•••
account15
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Post by
account15
on Aug 03, 2016 12:11pm
fees?
anybody in management to get severance? In few months we will have election. Maybe they need to wake up. Re mcna they done research before by independent company showing value and now what ...
(14)
•••
vega509
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Comment by
vega509
on Aug 03, 2016 12:26pm
reading the press release there must be a golden parachute along with a overly generous severance for management "Over the last 120 days,Telesta’s management team and Board of Directors have carefully evaluated multiple strategic options, in parallel with their efforts to determine the ongoing value of the MCNA program and to optimize the sales proceeds from the disposition of non-core
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mercedesman
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Comment by
mercedesman
on Aug 03, 2016 12:57pm
I read this as a liquidation value of 10 or 11 cents is "not meaningfully different" from the recent trading price of 8 cents. They think they have a shot at either merging (or being acquired) to get more value (e.g 15 cents) OR Using the REMAINING cash to start again on some new opportunity. You are the shareholders/owners. They are the management team that DID NOT produce value with
...more
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