CXS
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0.00% 70.0¢ chemgenex pharmaceuticals ltd

cephalon takeover, page-22

  1. westyweb
    81 Posts.
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    29/03/11
    12:54
    Post #: 8180356
    I was thinking the same strategy - sell now at .675 and hope for a T/O rejection.

    It all depends on the timeframe - if positive news re: trial results or FDA approval happens in the meantime, I can only see a T/O rejection increasing the price as you could expect a higher bid? Maybe?
    CXS Price at posting: 67.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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