Sentiment: Strong Sell
So they could use that to clear debt instead of Takeda picking up the tab, then comes a buyout.
Do not buy AFFY.
There is no Debt. it is not just Omantys, it is the other Patents AFFY owns as part of Omantys.
I used to own RPRX, it went below $1 and there were so many basher morons used to say they used to close their doors.
Today RPRX is 20+!
AFFY is in a much better position than RPRX with an FDA approved drug and a trusted partner!
I'll wait for a buyout, though I would like to get the Royalty plan for the next 15 years, but with last few days trades, the Buyout is already sealed.
Takeda will announce a Tender offer and buy it out directly from the market itself.