they don't have any activist shareholders from what i can see. thats too bad as this should be bought just to distribute cash to shareholders and sell off the pipeline. What a disaster. no news until YE12 on the adhd front..thats a long wait. This is one company that needs strategic shareholders to save it from itself.
I don't think that's correct (looks like you're excluding long term marketable securities). I show the have $7.45 cash/share at 12/31. Assuming they burned 20mm in Q1, would leave them with about $6.85 cash/share at 3/31. They should restructure and bring that burn down on their joke of a pipeline.