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Msg  57234 of 57648  at  12/4/2023 10:22:44 AM  by

minxmrphd


Recall

Insiders were selling in July/Aug. I think it's safe to assume that offers were
 
in the wings at that time (wal mentioned that  possibility ) .
 
So, the share price fell off it's high ( mid $20's mid July) to a low in
 
the $13's. 
 
We had an additional low after that in Oct ( $12's ) but that was most likely
 
tax selling. 
 
Back to the July/August area ..... based on $20-$13 area , anyone in talks
 
with IMGN was offering a high premium . 
 
Yes, I think it should/could have been worth more but the SP look back is
 
what accounted for the ABBV price tag. 
 
You know, the bookrunners on this deal aren't dummies. Maybe we get a 
 
higher offer but who knows. Could be that there were substantially lower
 
bids out there ..... with IMGN SP flatlining from Aug-Nov it sure looks that 
 
way to me.  
 
 


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