Of course they are blaming the US for staging all of that mess.pacecar02 said:
This is just the Mainland tired of the the people of Hong Kong's shI&, right?
I'm surprised they haven't made more of a show of force....maybe too visible for their usual heavy handed tactics, they may not quite be ready to roll with the tanks this go round
Quote:
To approve an amendment to the Company's Charter to effect a reverse stock split of the outstanding shares of the common stock, par value $0.001 per share, of the Company (the "Common Stock"), at a ratio in the range from 1-for-2 to 1-for-100, with such ratio to be determined by the sole discretion of the Board. The reverse stock split is expected to occur on August 22, 2019.
59 South said:
AVEO news out. Up big PM.
Quote:
Kyowa Kirin Co., Ltd., (Kyowa Kirin, TYO: 4151) and AVEO Oncology (NASDAQ: AVEO) announce that they have amended their license agreement to allow Kyowa Kirin to buy back the non-oncology rights of tivozanib in AVEO territories, which includes the U.S. and EU. The agreement is an amendment to the terms of the 2006 tivozanib license agreement between Kyowa Kirin and AVEO which granted AVEO exclusive rights of tivozanib in all indications.
Under the terms of the amended license agreement, Kyowa Kirin will reobtain the non-oncology rights of tivozanib in AVEO territories excluding the rights which are currently sublicensed to EUSA Pharma. Kyowa Kirin will be obligated to a $25 million upfront payment to AVEO, waive AVEO's obligation to make an $18 million milestone payment upon AVEO gaining U.S. marketing approval, and up to $391 million in potential milestone payments upon the successful achievement of certain development and commercial objectives in non-oncology indications of tivozanib. Kyowa Kirin will also be obligated to make tiered royalty payments on the net sales of these indications, which range from a high single-digit to low double-digit percent.
Is that a negative I see?EY_Ag said:
COOP just posted a -.63 EPS!!!
You've got people that picked it up in the low .60s that are taking profits. Probably some scared short coverings (think there is 20% short float). This stock doesn't follow any sort of technical anymore. Could go back under .6 or it could go over $1.59 South said:
Given a lot back already. It was well over $1 very early. Seems like really good news. It's always had bizarre price action but guess that's what you get with bios.
8,50EY_Ag said:
COOP $8.45
$8.505 now...oldarmy1 said:
$8.63
long term projection with coop?oldarmy1 said:
COOP hit $8.79
Because that write-off I told you they were taking clears out all debt and makes their actual top line number strong on forward flow.Whitetail said:$8.505 now...oldarmy1 said:
$8.63
Okay, so can someone explain the theory as to why?
