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Metabolix, Inc. Message Board

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  • teuteborg teuteborg Nov 18, 2009 11:55 PM Flag

    Waiting for the big price drop....

    Companies are not beholden to shareholders vis a vis announcements of offerings. They anticipated that the share price would increase following the cc and that they would receive a higher price for the secondary. It did not happen, so they pulled the trigger. Shareholder rights do not include pre-annoucements.

 
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