Steve has a far better idea of what is a fair offer than you or I do
Steve works for the shareholders and the shareholders should know if offers have been made. I sincerely doubt one has been made and if there has been it is the only one. No way two BP's make a low ball offer if pphm has the goods. They would be fighting against each other. Hell no BP was willing to buy preferred shares at $3.50.
What does it say about a fair offer if SK is selling huge amount of shares at $1.75? I guess he doesn't think $2, $3, or $10 is fair. All imo.
+++And the evidence you have that Steve has turned down fair offers is?
A half decade of partnership meetings and you are of the belief that every single one of them was a "low-ball" offer....be my guest in adopting that mindset. The probability that the above occurred is remote from my perspective as it relates to Bavi AC.
If King is so convinced he has the greatest platform for cancer and his pride and or arrogance prevents the program from proceeding via a partnership or merger that would result in the program proceeding with more of a sense of urgency "for all parties potentially impacted" (ie shareholders and patients), then a grave injustice has occurred on many fronts.
You can defend him all you like, the fact is a ton of time has been squandered while Kings apparent lofty demands have been turned down by everyone at the other side of the bargaining table as we sit today with our sorry market cap and share price.
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