This post is part 2 in my series on busted biotechs.
With such a large discount to cash value wouldn't it make sense for the BOD to make massive insider purchases and then push to to return the cash to shareholders?
Seems like this would almost be a legalised form of insider trading.
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With such a large discount to cash value wouldn't it make sense for the BOD to make massive insider purchases and then push to to return the cash to shareholders?
Seems like this would almost be a legalised form of insider trading.