Delcath Systems Inc (DCTH)

[james_west_1965]

$0.35 ...

I have heard that price per share floating around quite a bit as a target to sell for some shareholders. Now it surfaces in the latest news article,
"the Company and the Note Holder shall exchange $2.4 million of the remaining Convertible Notes for new warrants to purchase 40.0 million shares of Common Stock at an exercise price of $0.35."

Reading further, this is a pre-split price per share that will be exercised for 40M shares. The inference is that this stock is worth at least $0.35/share. So no investor on the side is a fool for paying up to and including $0.35/share. To the "Company and the Note Holder," it is worth it.

To this I agree and far more in light of DCTH's endeavors and financials (I have seen stocks much worse yet much more pricey).

James