CXS chemgenex pharmaceuticals ltd
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stragen, merck and cephalon

  1. danny3
    1,546 Posts.
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    26/10/10
    08:10
    Post #: 7383351
    I can't see why Merck and Stragen have given Cephalon an option to buy their shares for 70c, in exchange for "no fee or other consideration" (other than some $10 nominal sum). How does that make sense? Maybe that was the bribe necessary to get Cephalon to invest $15m, but why wouldn't Merck and Stragen have paid that all by themselves?
    CXS Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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