Re: IMGN expects to raise 90.6M and priced at 4.25/share
Companies think of shareholders last unless a major shareholder or 2 has a board seat like the baker brothers at SGEN or VenBio
at IMMU. Iíve owned shares of a Med device company that said every move was best for shareholders as they ended up selling to Aesculap in bankruptcy court and the retail investors are last in line.
Ernie is correct in saying that acted now in case things donít go as plan. Enyedy was a deal
Maker at shire and has sold some assets in past. Lately, he hasnít been able to get any deals done. Letís see if he held a surprise for the new holders as of this offering to give them some value. .
Jazz and Sorvaya have been pleasant surprises, letís hope there is more in store!
Feels like itís going to be a long drought til 2021 though.