Fellow investors, just so you understand Auryxia’s blockbuster potential and the insane screw-job that Keryx shareholders are facing with Kerx’s pps at sub-$5 going on 5 MONTHS since IDA approval..
Kerx’s pps should be at $10 minimum, and that’s only because of the level of dilution the “gangstas” have employed over the past 4 years (including conv. notes and addtl. $75 supplement, without $100 million remaining shelf, outstanding shares at some 170 million).
Screw-job dilution while subsidizing hefty compensation packsges and excessive options while delivering nothing but nightmares for shareholders. But, as goes the hypothetical, the “plot” goes DEEP..
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