I haven't seen an update, have you? I would think that there would be a mention in the report within the next couple of quarters. Is 'no news good news'?
The next four quarters will be very interesting times. Hang tight!
Huh? Have you read the 8-K: "On July 6, 2015, Enzon Pharmaceuticals, Inc. (the "Company") was advised by NASDAQ that an ex-dividend date of August 13, 2015 has been established for the $0.50 special cash dividend per share that was announced by the Company on July 2, 2015. As previously announced, the $0.50 special cash dividend per share is payable on August 12, 2015 to stockholders of record as of July 21, 2015."
Wrong. Buy up until August 12 to get the dividend. I am a former Broker.
.79 cent book value .83 cents per share cash. No debt. This is worth at least 1.63 per share. If ikahn is investing here you would be crazy to short this stock.
at 1.41 - once through, we should see the PPS move towards the 1.47 level. I'm thinking that we should also see the PPS start on a steady move to the upside, as we get closer to the 12th. GLTA!
"What do I think of the Belrose relationship outside of the sweet deal they received? "
As you said, Belrose is a startup. I suppose I'll wait for those trial updates. Did the Hisun disagreement get settled? Has Belrose updated any progress on their website under news and events since june 20 13?
The activists have spent the last six years milking Bessie's big cow teats, and shareholders since 2009 haven't reaped any value even after $4.15 in special dividends (not including the .50 being paid on the upcoming ex date which everyone knows by now).
Agree, based on the historical PPS movement, we should see the PPS start to make a steady upward climb towards the 12th. GLTY!