Bullboard - Stock Discussion Forum Vaxil Bio Ltd V.VXL

Alternate Symbol(s): VXLLF

Healthcare Biotechnology

Vaxil Bio Ltd. is a Canada-based biotechnology company. The Company is focused on a drug discovery and development platform based on Signal Peptides (SPs) which the Company deploys to fight infectious diseases and cancer. The Company’s most advanced product, ImMucin, a MUC1 SP-derived vaccine, completed a Phase I/II clinical trial in multiple myeloma. The Company also has a SP-based COVID-19... see more

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TSXV:VXL - Post Discussion

Vaxil Bio Ltd > Hey Blig, Question? Accounting

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Post by bigbanktheory on Dec 28, 2020 2:29pm

Hey Blig, Question? Accounting

I'm not too sure why we are going up right now, but all good. If another company wanted to buy out Vxl, can that company start buying shares now? I have no idea. Your comments are welcome.

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Comment by bligicka on Dec 28, 2020 2:46pm

I think as long as the aquirer stays under 10 % they can purchase shares on the open market

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Comment by bigbanktheory on Dec 28, 2020 2:53pm

Like I said, I'm not sure, but fair enough. Thanks Blig.

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Comment by silentrunning on Dec 28, 2020 2:57pm

I think you're bang on regarding the "under 10%"......after that one gets insider status...if memory serves me?

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Comment by saintpeter on Dec 28, 2020 9:42pm

mind if I weight in here.. usually they either sell short drive down the shr price and valuation in small companies part of the run up could be and I mean slim chance of short covering driving it up a bit but not to likely. Insider buying possible we have a lot of eyes on us I believe DG is to well know in this industry coupled with the us military people in the know don't believe they ...more

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