An interesting video to review about what caused the downward spiral of BioAmber, pretty much being poor managed. That's why I feel a buyout would be the best for all stakeholders. Payoff the mgmt. and move forward.
Cargill is discussed as a perfect company to make a bid. Perhaps they are one of the qualified bidders. However, we already know 2 of the bidders that have put in their sealed bids. I am sure BioAmber is busy reviewing them, and any new ones that come in by 7/29.
The next (7) trading days will be fun to watch. I like many, do not know the plan for how the naked shorts will cover, but cover thus must before the shares become accountable.
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