CXS
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0.00% 70.0¢ chemgenex pharmaceuticals ltd

cephalon takeover, page-32

  1. westyweb
    81 Posts.
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    30/03/11
    14:48
    Post #: 8186937
    You're not gauranteed 70c - the T/O has to get 90% shareholder approval.

    Cephalon's chareholders will have to approve it and to muddy the picture, there's the takeover offer for Cephalon itself.

    Thats why the market has dropped it to .65 today
    CXS Price at posting: 65.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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