Hologic buys Lumos. Our shares are then replaced to Hologic shares overseas? To what fair value would you then place on the premium the LDX shares sit at if a takeover is announced?
Or do we all get burned on a cash only takeover because there are holders here whose average is substantially higher than current value and even at a premium on current value, would still likely undercut most of those holders. TM has the approval swing so cant see them approving a takeover unless they have substantial benefit to do so?
Also, are the projects you talking about likely to occur before the need for a CR or takeover occurs? As explained, we have circa 2-3 quarters of cash left at best before they need to CR just to remain floating.
LDX Price at posting:
2.4¢ Sentiment: None Disclosure: Held
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