This is money article13 Jan 2022 00:20
Posted august 2021,
“ Stakebuilding talk in Tiziana Life Sciences
There is talk of stakebuilding in Tiziana Life Sciences, a developer of treatments for infectious diseases.
The company's shares have come under pressure recently after it said it was looking at leaving the London main market and relisting in the US on the Nasdaq.
The word is an American hedge fund that specialises in biotechnology stocks has seen the low share price as an opportunity to build a sizeable stake in the business and may soon disclose it publicly.”
Source: This is money
What happened to this? Who is buying the damn shares? Is it being shorted to death? If so is It for a cheap takeover with a phantom premium or just to profit from the shorting?
If GC is that confident why doesn’t he just keep buying? Maybe he is?
God knows. Would love to see this turn though, it’s been nothing but punishment for the last year really.