Replies to post #148384 on BioAmber Inc (fka BIOAQ)

[Gold prospector]

That sounds about right 

[trader59]

There's another characteristic of a stalking horse bid:  they document that bid in the court records letting everyone, including the other bidders, the creditors, the judge, and the public, know about it. 
For this bankruptcy, they documented the purchase price, $4.34M for the assets. That's what happened. 
Do you really believe someone bought your stock over 6 years ago without telling you?  If you do, please turn your investments over to a competent investment advisor before you lose everything. 

[Real McCoy]

Yeah of course all absolutely not.

[dalesio_98]

If I am not mistaken, Eno had options and not shares, they were out of the money.

Eno et al resigned as a block because a deal was concluded? Chapter 11 --> 15 and CCAA was then orchestrated? Shares are golden? Perhaps you consider physical share certificates golden? Or perhaps wall paper?

Good luck to All!

I am not the only person who believes this occurred because of the ridiculously low upfront purchase price, noting that, last I looked, Eno still has his shares.