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Astex Pharmaceuticals, AŞ Message Board

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  • billyteex1 billyteex1 Nov 1, 2006 5:56 PM Flag

    This amount can get worse....

    This announcement would shake out a cheaper shares for any potential suitor. Manuso has that buyout clause and a suitor would love to accumulate some stock and this would be the ideal way of shaking out some shares. I've seen prior accounting problems and since they have a figure they could easily have set the 970K aside on the statement and made a footnote and explained this discreptancy. This is not the first time this issue has risen....This is to petty to be that large an issue to restate several years numbers. Would be interesting to see how this may have been handled before.

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