Galena Biopharma fka GALE

[modrica]

well , offering is closed , galE cashed in 15,5 millions $ without warrants , with warrants excersized there should be another 17 mill. x 1.10 , around 19 millions cash

warrants excersize price is obviously 1.10 and im sure gale will do anything to make warrants excersize doable , meaning another chunk of cash for them and also meaning pps would have to be well above 1.10

lets see how all this develops

my opinion only , not a recommendation to buy or sell

gl

mod