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james_west_1965

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james_west_1965

Re: toro bravo post# 22583

Monday, 09/18/2017 6:40:09 PM

Monday, September 18, 2017 6:40:09 PM

Post# of 50157
Toro bravo

The lower the price per share to buy the company from an interested party, the more attractive the sale. The outstanding shares of Delcath is 499M. At 0.07/share, the cost would be a little less than $35M (499M x 0.07). To be a 50/50 partner, it would cost $17.5M.

If on the other hand, Delcath sold the company at 0.14/sh like a couple of months ago it was priced, then the partner would have to come up with $35M instead of $17.5M just to be a 50/50 partner.

James
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Volume:
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Total Trades:
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  • 6M
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  • 5Y
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