Love the great open letter from Sarissa Capital that own over 5% of ASTX and reasons why they are not going to tender their shares! Their open letter is a must read and explains the higher volume today and higher price for ASTX. I had no plans of tendering my stock at $8.50 and this letter helps confirm my descision.
I hope people don't forget this is actually the second open letter questioning this buyout. The first was from Aquilo Capital Management dtd Sep 9. You can google on that firm name and Astex and see the link to the letter. I am very happy to see these large stakeholders validating my decision to invest in this company and hopefully we can get some consideration because of the interest.
I ,also . not tendering my shares. I have been holding these shares for many, many years, couple more months will not hurt me . DR Manuso do the right thing for the long suffering shareholders. Thank you