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Insmed Incorporated Message Board

  • fudfighter4 fudfighter4 Jul 18, 2013 12:02 PM Flag

    Tessssssst - the price of the next offering?

    Re your -

    "He took the money now rather than risk lower prices later. And giving that we may be on the brink of a major market collapse, I for one will not second guess that decision"

    - as the fear of a market collapse scared him sufficiently to dilute us by 20% nine months ago - accepting $25.6 million for the maximum amount of shares he was allowed to issue without seeking shareholder approval - and this continued state of abject fear has now prompted a further 20% dilution at $9.776 - how desperate do you imagine he will be next year?

    What are you expecting him to accept for the next lot of shares he issues?

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