Does anyone know what is the status of the stategic alliance that Enzon and Hisun of China, a $13 billion company,
sign in May of 2012, in which Enzon gave Hisun exclusive rights to market the Customized Peglaytion Linker PEG-SN38 Technology throughout China and Asia and for which Enzon was to receive a significant up- front payment and a high % ROYALTY. Why haven't the shareholders received any recent information???. It's been nearly a full year!!!
These things take time to develop. Remember the hedges that were short on ENZN had to pay the $2 dividend. Probably just reduced the cash that went into the deep pockets when the dividend was paid. That being said, those same deep pockets know the likely timing and terms of any deals. We don't.
So who is still milking this cow daily before covering 2M shares? My guess is on the insiders.