Conatus Pharmaceuticals Inc. (CNAT)

[fishhunter]

That is the correct question to ask lorema and no one anywhere has any plausible answer.

And an even simpler question is ..... Why didn't they just use available cash to buy back the Advent shares?

With $7mil due soon, big milestone payments in 2018, and Novartis paying for half Ph2 and 100% of Ph3 for emricisan AND the fact they have $80mil in cash on hand right now.....why why why?

I still like the company and stock for the rest of the year and beyond but this does knock Mentos down a few notches in my book.