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Enzon Pharmaceuticals Inc. Message Board

  • frank10q frank10q May 2, 2013 1:31 AM Flag

    The hedgies' #$%$ are burning

    The big boys own around 50% of the shares. Let's say their average cost is $6 so the total cost is around $120m. If the opportunity cost is 10% that means every year they would lose $12m, every month $1m and every day $33333. Shouldn't they be more worried than us? They want to sell the IP ASAP once the notes are paid off.

 
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