NABI share price drops from 183 to 162 from day before announcement to yesterday. If you held at 183, you've lost 21 cents per share or 11.5%. If you as a NABI shareholder want out of the deal you can get out at about a 5-10% discount to the price on announcement of the deal through the buyback. BTA share price drops from 95 to 68 cents per share over those same landmarks, a loss of 27 cps or 28.4%. If as a BTA shareholder you want out of the deal, well you sell on market at a 28.4% discount. You really have to wonder.
BTA Price at posting:
69.0¢ Sentiment: None Disclosure: Held