NO, "$OCAT should be $9.30 on the Nasdag Capital exch. "
WHO, WHAT "sophisticated" investor, let alone a group of investment banks is going to pay a 50% PREMIUM, ABOVE MARKET for any stock? WHO and WHY?
Those underwriters never, ever, ever, ever pay a premium for their shares, never.
The MARKET PRICE, the free market price has been about low $6's to about $6.20 on this Friday. THAT is the current price. There's no such thing as imagining or just "inventing" some price it "should be"??? How bout it "should be" $100 a share because someone wants it to be? Why not that amount?
No such thing exists. It's gonna price based on the MARKET PRICE. Pure and simple. And those underwriters as part of their standard business dealings, always pay a DISCOUNT TO MARKET. For large offerings like a hugely successful Facebook or similar- it's about 7% per easily researched market facts.
For a high risk OTC stock like OCAT, it's gonna be a lot more than 7%, w/o any doubt whatsoever.
No one can just pick out of thin air a price and say "it should be this" just because it's imagined it "should be"??? This stock just traded as low as the $5's very recently.
NO ONE who's got a bundle of money is now gonna say, "Ya know what, I'll pay a 50% PREMIUM to that price, cause I'm just a nice, charitable guy and all"??? Where does that happen?