If Brookside sold to BVF, why no SEC filing by Brookside? They had greater than 5% ownership and if they sold that position, I believe they would be required to file some SEC report?
I was taking a look at the other companies which bvf has a large interest in and one common factors is that the stocks are very close to there 52 week low price.
Now we know whom might be responsible for creating such a downward vaccum.
Does this mean we go higher from here ?
Could they be buying for an Eiasi deal. They have indirect shares, who owns those?
A buyout by Eiasi still makes sense to me with the yen to dollar exchange so favorable, 100 million cash, new technologies and the Dacogen royalities.
The negatives are the MGI Merger, the costs to move new products forward and the current financial mess. They could let Supergen burn their cash first.
Looks like 11m shares or 16M shares. How were they able to acquire this many shares and not affect the share price much? Second, did insiders amend their option packages, because they sensed someone was heavily accumulating shares?
It is only 5,872,900 shares.
The first three lines are the shares that are directly owned by the three funds. The last two lines are indirect ownership.
Footnote 4 says BVF Partners, L.P. is the general partner of BVF and BVF2, and is the manager of Investments." This would refer to the first two lines.
Footnote 5 shows that BVF Inc. is the general partner of Partners and is also an investment advisor to Partners.
Footnote 6 is a bit harder to decipher, but it appears to refer to VF Investments relationship with the general partner(s) and refers to the third line.
Here is link: Trying to figure out how many shares: