Replies to post #80282 on Ayala Pharmaceuticals Inc (ADXS)

[CATTDOGG12347]

Same thing happens with Ariad if memory serves.

[CATTDOGG12347]

There may have been a demand for more money in the coffers prior to finalizing a deal. I would think any acquirer would want AXAL as well as sits not far from providing significant income, hence no deal.

[cdiddy01]

We've discussed this before. It was a private sale at a premium to their stock price and was strategic in nature. Not a 30 million share/warrant open sale at the lowest price in ADXS history. I think context matters.