Probably we can expect $5-6 based on the available information such as Europeon Withdrawal and the selling by Orwin (not getting caught- create an impression that he knew nothing for the record).
All in all the 45 MLN shares buy STILL NOT ACCOUNTED FOR!
I expected a 10-12 $ price, now I would imagine with these 2 available information a buyout of $5-6 is not ruled out!
Watch out for the news anytime. It is Month end and a weekend too, I may not be surprised, if there is an announcement by Monday.
Sentiment: Strong Buy
Where or where is the Takeda buyout jagan? Takeda has a great AFFY buyout strategy and enthusiastic O rollout plan:
1. Decide not to market O in Japan.
2. Withdraw O's MAA from the EMA market.
3. Remove O as one of its core products at its corporate website.
4. Report that it does not expect any O revenues for its FY 2013. Remain silent on any O revenues after 2013.
5. Shut down O's own website.
Jagan. I see a plan here. Unfortunately it does not look like a plan for Takeda to pay AFFY hundreds of millions to buy the company and take over all of its litigation problems. Sorry for you.
Not really, not sure where you get the "definitely". There's just as much reason to think that they might have something happen in august. Unless you know something that I don't, it looks like Takeda reported to the EMA that they couldn't find the solution in the time proposed by the EMA, so that means that they are slower than one might have expected.
If you know something that I don't, feel free to say it, but don't spout bs stuff like "it's definitely going to happen in july" because it most definitely is not.... it might, but it might not.
Wow, wish we could act like Onyx...they just rejected a $120 takeover bid from Amgen....thats undervalued, they say. share closed just under $87. You ll see amgen come back with $140. The large players have money, thats for sure.
I agree Takeda will give a low ball offer .... They will Drag it as well .. With EU Withdraw .. they are simply getting things in order ..EU will be submitted only after the AFFY ... BUYOUT ... They will Buy AFFY out instead of Simply taking it over as it will Damage their Reputation LONG TERM as a their Business model is simply based on Partnership with other pharmaceuticals.... BUY OUT IS COMING ....
Sentiment: Strong Buy
Don't worry about good ol Orwin... I'm sure in a buyout Takeda will make things nice and good for him and his...... His selling some token shares for gas money to attend BOD meetings, well, pitiful, but not the whole story..
Jagan: my concern, as shorts argue, is why would they pay anything for Affy that they dont have to. The $600m right off made some sence for the Royalty Trust scenario, but with all that Takeda has invested, time/money, why not get back as much as they put in, they certainly dont care about Affy employees and Orwin made his money. I have been burned many a times as other retailers have with corruption and unless their is some urgency for Takeda to pull the trigger right now, whats the rush while its in investigation.