Otsuka Officially pronounced in the Tokyo stock exchange that it was planning to launch a tender offer within the next ten days that would essentially run for 20 days. The whole purchase of Astex is rumored to cost $886million at a share price of $8.50.
Seems like they are trying to rush through the purchase.
65k shares of ASTX under 3 and you're #$%$ about an $8.50 takeover? You're one greedy pig huh? Could you please point the rest of us to those future 3 bagger "scams" before they are taken over...LOL! I think a lot of folks here would be quite happy with those returns, even if you're not!