Boiler. The diluted cap is not $24.5m at 7c, it is $35m including options without including the SPP dilution, the ongoing Fortrend dilution (aprox 170m shares at current prices), the Board's dilution, any potential JV dilution etc. You're probably looking at 70m . IMO, you are now looking at a 60m plus (conservative) fully diluted market cap in the not too distant future with years until anything becomes tangible. Now compare and contrast others in the bio sector.
damn options - a distraction from main game, page-16
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30.0¢ |
Change
-0.020(6.25%) |
Mkt cap ! $435.7M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 29.5¢ | $2.355M | 7.796M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 128197 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 100000 | 1 |
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