IDM Pharma, Inc. (IDMI)

[idmi_investor]

Shares being bought for $2.64. Why?

Just curious about people's thoughts for why some shares have been bought for $2.64 when that is the buyout price. I continue to hope for a higher offer and that this may be related to speculation of a higher offer surfacing.

Another interesting fact is that Takeda's offer was almost $80 million, which would equate to over $3 a share, but because of the various options and so forth that only go to PA investors and management, we get stuck with $2.64.