To me with the benefit of hindsight now, it seems blatantly obvious that someone knew this was coming, over the last week or so they pushed the price right down and then a day before the announcement they changed tack and bought what they could at the going rate before the news broke.
News: KZA Kazia Therapeutics Says U.S. FDA Grants Rare Pediatric Disease Designation To Paxalisib, page-5
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