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Re: jtomm post# 116526

Wednesday, 09/18/2024 10:04:20 AM

Wednesday, September 18, 2024 10:04:20 AM

Post# of 129723
OMIC not saying it will happen, but I have seen other cash-rich dinky biotechs 'seeking strategic alternatives to maximize shareholder value' (although these other one's did not have a cash offer on the table) decide to use their cash to buy some other piece of shite dinky biotech. That way, they are able to keep their huge salaries. I have not looked at execs level of ownership here, if they do own a lot then selling out may be better for them.

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