Replies to post #42157 on Ayala Pharmaceuticals Inc (ADXS)

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Keith when you say $60 "that is still chump change for BP" that is a meaningless statement and misleading. Just because a BP has tens of billions on their balance sheet doesn't mean they are going to pay a penny more than the lowest price they can acquire ADXS for. They have a fiduciary obligation to their investors to earn the highest return on the capital they invest, so they're not going into this thinking, "We'll pay three billion for a $100 million company because we have $50 billion in cash and three billion/$60 for ADXS is nothing." They would get critisized hard by their investors for overpaying for ADXS even if it were a small % of their balance sheet.