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DewDiligence

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DewDiligence

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Re: None

Thursday, 08/03/2017 5:09:55 PM

Thursday, August 03, 2017 5:09:55 PM

Post# of 153
GLMD -15%/AH on sale of 381K shares @$7.10 in registered direct offering (of which insiders are buying 49K shares):

http://www.prnewswire.com/news-releases/galmed-pharmaceuticals-announces-pricing-of-offering-of-ordinary-shares-to-existing-investors-and-members-of-the-board-of-directors-300499533.html

The selloff in AH trading is presumably due to the fact that the company was able to raise only $2.7M (gross proceeds) from this offering. They need more.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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