It's amazing to me when I look at this hollowed out shell of a company on my trading platform.
A year ago, they were on the verge of much bigger and better things. Mayo, accuracy awards, expanding their analysis platform to deliver more, faster, with unmatched accuracy.
And now what? Nothing. Emptiness, like Complete Genomics already left on permanent vacation to the "republic gulag system". Pathetic.
Chairman Mao arrrives with all of his gang and that's the end of the line. No developments since they arrived and it's ONLY about BGI-shenshen. And they STILL (for whatever reason) cannot complete their own deal (on any timetable apparently).
So much wasted potential; gone for nothing at a critical time in the worlds of life science tools and pharma / biotech. Just such a filthy waste and China will steal the whole prize here.......
There certainly was plenty of time for any interested American company to buy them out if they had any inkling to do so. Otherwise, it is business as usual, and capitalistic enterprise allows any suitor to play the game.
Wonder what promises these cronies made. I suspect, whatever developments are taking place are being withheld or just halted before finish line - all the achievements to this date were fueled by us shareholders and who will reap the rewards? My few thousand shares will not make much difference, but I'm not signing that tender offer.