Amyris Inc (AMRSQ)

[finesand]

Who puts their money where their mouth is?

Assuming 20M OS, they bought:
- already: 23.77M shares, 54% of company @ $5.97/sh
- may buy up-to: 34.23M shares, 64% of company @ $6.41/sh

That is high above current market price, who needs an analyst with this huge purchase of confidence?
Note that all gets converted on 10/7 into common shares above marked price and none will sell of course.
DSM already converted all of them into common shares, they had a look into the books before the deal and don't need the preferred or warrants privilege for fears of a bankruptcy. There will be none. Vivo also bought 2.83M common shares and will convert the rest on 10/7.

All in all, this is like a 54 - 64% buyout of the company at $6 - $6.40 and the stock shall move accordingly.

As posted earlier on SA and ST, here are the purchase details: