Replies to post #133427 on BioAmber Inc fka BIOAQ

[Real McCoy]

Seems far fetched if not laugh out loud comedy that LCY would claim their new plant was worth 700M after getting it for 4.34M in a fair auction.

[THEDOG 17]

770 million would make sense! Good Things Are Coming Very Very Very Soon!

[randomwalk007]

so, at this point, what is holding up this transaction from being consummated?

[trader59]

So, the two potential bidders who'd submitted LOI's were "spooked" by their names being included in a monitor's report and decided not to bid? Why would they do that? What did it matter, especially since their names were already on the list of companies being offered the opportunity to bid and they'd submitted those LOI's? Show your work.
Here's a fun fact: If either of those companies had elected to submit a bid, it still would not have covered all the debt and the shareholders would still have lost all their investment.