GTC Biotherapeutics (fka GTCB)

[dodah_2]

Ref: Msg. 14786

The reason GTCB is 11 cents is a direct result of this proposed deal. Prior to the announcement the PPS was around 40 cents. Thereafter, the price dropped below 31 cents in just a few days. Even you said "it's not the son-in-law one would expect" or words to that effect. LFB is not doing the goats a favor based on current share price, but already has a nice discount built into the original deal based on the valuation at the time. The market hates the deal. That's the reality.

Happy Thanksgiving