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Astex Pharmaceuticals, Inc. Message Board

  • mero0910 mero0910 Oct 2, 2013 10:11 AM Flag

    Superg want to knowen shareholders

    For the Astex purchase we were told of 2 billion potential if buy Astex. We buy Astex and sell out for peanuts. If we did not buy Astex, Supergen share holders could of got $1 dividend a year, $4 stock price or higher and still have money in the bank. Total dividends received from 2007 would be $6. Instead CEO sells us BS and he gets $31 million plus excess pay, bonuses and stock options for years. Dont forget the car, expensive trips and entertainment. Osaku buys Astex for $8.50 minus cash on the books equals $7 and change. Where is the 2 billion milestone payment potential? Where is sgi110 potential? Why did all the big pharmas buy in? Now the board says risk is too high! where were the risk seeekers when we overpaid for Astex. What has Astex provided Supergen other than burn. When money was nonexistent we give Astex shareholders equal equity. No deal for Supergen shareholders. Manuso has a history of horrible deals! For that he 31 million, plus bonuses, plus perks plus excessive salary.

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