Repros Therapeutics Inc (RPRX)

[corpstrat]

<<I would imagine that an additional @ 1.5M shares will not affect many... especially if those shares come directly from the company.>>

You don't think fresh purchases of 1.5 mm shares - actually I get 1.66 mm shares for 13% of the outstanding - would put upward pressure on the stock price? Why not? Even if they are bought from Repros Treasury stock they help out the cash position, and it is likely that that cash question explains why the pps has been so miserable of late.

Their interests would seem to be aligned with other shareholders and management - get the best price at the right time - unless anyone knows something different.

Clearly if they lost heart and dumped all their stock they would cream the pps - just as buying takes us the other way. But they would be the biggest losers if they did this, so it won't happen lightly. And presumably there are some rules on this that go along with the standstill agreement. It's not ideal to be in the hands or judgment of a single player, but beggars can't be choosers. By the end of this year, if not well before, the information imperfections on Repros should be much reduced and then perhaps the market will attract some other buyers.