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Array BioPharma Inc. Message Board

  • mydad8cents mydad8cents Jun 12, 2013 7:25 AM Flag

    people can't read a balance sheet

    anyone who bought this knew or should have known that arry had $90 mil in debt. This deal was done to pay it off. Read the offering prospectus.

    I'm not happy about the price decline - but we exchanged the conv (and more shs) for less debt (err no debt now)

    ARRY has many drugs in late stage trials. I'm happy to be long. I think a big pharma will come knocking on the door within a year at double the current price.

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