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Ann: Ceasing to be a substantial holder from MS, page-38

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Lopez

12,394 Posts.

1109

21/03/18

21:06

Post #: 31931437
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Originally posted by DavieJones ↑

And if anyone believes that Malcolm was intentionally soft in the Merck negotiation, for every dollar per share that he "left" on the table, he is $6.6M out of pocket (as he owns 6.6M shares & options).

The fact that he hasn't converted his 5.4M options (by selling shares) as yet may mean that he is expecting a better offer in the future via the auction process. I'm still hopeful ....

GLTAH

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Hi,
Does anyone recall the trading just prior to Merck.
Any leaking boats , I can't recall .
Aloha

VLA Price at posting: $1.68 Sentiment: Buy Disclosure: Held
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