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Re: DewDiligence post# 3485

Monday, 04/20/2015 3:40:23 AM

Monday, April 20, 2015 3:40:23 AM

Post# of 108191
ADXS: I agree it has nothing to do the shelf with a possible partner wanting to get in. I got some responses on YMB of what people think there:
Management feels the need to protect adxs from some other management taking control of the company. Now they can throw $200,000,000 in shares into the MC and make it more difficult for that to happen

Management can take advantage of stock prices above fair value.

Another, less probable reason, is that management wants a way to hedge against unwanted takeover attempts. If one party gets close to owning 50%, management can issue more shares to dilute said ownership

what is your take?
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  • 6M
  • 1Y
  • 5Y
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