RE: Premiums paid for small cap biotechs???21 May 2024 20:33
Would you fire a CEO a few weeks or months away from a TO?
The answer is no. It can be said, with certainty, that there will be no TO for the foreseeable future. It's safe to assume that no TO talks have even begun. Plus, any prospective buyers will be scratching their heads and trying to figure out why the incompetant BOD didn't remove the CEO sooner.