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Biotech / Medical : Oxford GlycoSciences Plc -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (353)2/23/2003 1:54:02 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 469
 
>> Talk of a £111m cash bid from CLL <<

What does that translate to, per share, in real money?

:-)

Isn't that only about $3.10/share, when you throw in options?



To: nigel bates who wrote (353)2/23/2003 2:02:33 PM
From: scaram(o)uche  Respond to of 469
 
>> Would be really disappointing as the resulting entity would give about one fifth the 'leverage'. <<

The CAT merger is made in heaven, IMO. I want a cash offer, as I went overweight in that ADS bail at 2.35. But I'll vote no to anything below $4/share.

$2.35/share. What were they thinking?