Replies to post #52951 on Ayala Pharmaceuticals Inc (ADXS)

[CATTDOGG12347]

Selling shares at 3.00 with nothing but excellent results in studies takes us back to where we were 5 years ago. That’s a bad idea.

[mm2k]

I hope you're right, but I'm afraid this is all wishful thinking - a buyout has been discussed here ever since last summer (or earlier) when exel_mm kept talking about $4.2B popping into his head all the time.

[Bourbon_on_my_cornflakes]

AMGN should announce a tender offer at $10 a share ...no way ADXS could survive it.

"Amgen is flush with +$20 billion in cash, likely interested in buying ADXS but our Board won't sell at such the low value we've dropped to."

Our board doesn't have a leg to stand on. No active tutes to support them except Adage, who owns less than 10%.

Retail would take the money and run.

Most Adage could do is get AMGN to raise the offer to $12-14 in exchange for supporting it.