Followers | 839 |
Posts | 120498 |
Boards Moderated | 18 |
Alias Born | 09/05/2002 |
Saturday, May 13, 2017 4:43:40 PM
This 81.1M consists of: 73.1M basic shares on the 3/31/17 balance sheet (https://www.sec.gov/Archives/edgar/data/1235010/000123501017000012/mnta1q201710-q.htm#s5879ED69BA6459F1A121EC5308C63CE0 ); 5.4M options and unvested restricted stock at 3/31/17 (ibid, page 10); and 3.6M shares sold via the ATM facility between 4/1/17 and 5/3/17 (ibid, page 22).
The 81.1M figure as of 5/3/17 is an increase of 2.8M from my previous calculation in Mar 2017 (#msg-129440856).
Note: I use the non-treasury method of calculating diluted shares—i.e., I do not reduce the share count by the cash obtained by the company from future option exercises. The straightforward method of counting all options without adjustment does not require knowledge of the exercises prices and expiration dates of individual options and yet it is sufficiently accurate, IMO, for estimating the number of shares that would need to be cashed out in a buyout at a typical premium.
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
North Bay Resources Commences Operations at Bishop Gold Mill, Inyo County, California; Engages Sabean Group Management Consulting • NBRI • Sep 25, 2024 9:15 AM
CEO David B. Dorwart Anticipates a Bright Future at Good Gaming Inc. Through His Most Recent Shareholder Update • GMER • Sep 25, 2024 8:30 AM
Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • BLOZF • Sep 24, 2024 8:50 AM
Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • INTV • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM