Elite Pharmaceuticals Inc (ELTP): Re read your post. It is absolutely in e...

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Re: elichen2 post# 354677

Tuesday, 04/27/2021 6:45:32 AM

Tuesday, April 27, 2021 6:45:32 AM

Re read your post. It is absolutely in everyone’s (every shareholder) best interest that this company is purchased for the highest price per share possible.

From another response
“The more shares the CEO owns, the less the potential buyout "price" is”

Whose name is attached to the shares is completely irrelevant for a buyout. The outstanding count is what matters. If share ownership by someone is increasing due to dilution of the total count, then yes that statement would be correct.

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