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


To: nigel bates who wrote (413)3/24/2003 4:22:49 AM
From: dalroi  Read Replies (1) | Respond to of 469
 
why sell at this stage

liquidity problems , eg an issurance co which has a too low cash balance.

its either sell ogsi or sell some other asset

cheers

S



To: nigel bates who wrote (413)3/24/2003 12:02:59 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 469
 
>> The thing I have difficulty understanding is why anyone would dump a large stake (the '10%') in OGS at this point, when it's pretty clear that a higher offer (in some form) is going to emerge. <<

Remember the large bail, through B-Trade, of the ADRs at 2.35? There are only two possible explanations.....

1. Stupid, or

2. Stefaan's.