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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

View:
Post by cardu on Sep 22, 2016 12:27pm

Suggestion

For those of you who are worried that PLI might jump in value before the conversion, why don't you sell TST at 0.135 and convert to PLI? I did and I'm already up a little.
Comment by vega509 on Sep 22, 2016 1:50pm
that works if no better offer comes, and assumes shareholders accept the 14 cents. ( the most likely IMO) many are hoping for a better offer, should this happen you have already comitted to the 13.5 cents you sold TST for. hopefully this works out for you. best of luck
Comment by cardu on Sep 22, 2016 3:04pm
I understand the offer from PLI is a binding offer. Which means , to me, there is no chance of another one unless the shareholders turn it down. I agree with you that it is unlikely that will happen. However, if it did happen the stock price would probably plummet minus another offer. In this whole sorry mess I blame the FDA. They encouraged the company to apply with the existing stats and then ...more  
Comment by Whatamidoing1 on Sep 23, 2016 10:03pm
Don't forget the option of sell at .135 or .14 and if share holders don't accept offer buy back in at .04
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