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EmpireStocks

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EmpireStocks

Re: Bernstein post# 2082

Tuesday, 10/03/2017 11:41:39 AM

Tuesday, October 03, 2017 11:41:39 AM

Post# of 2098
Doesn't look like the market is worried about it. At $40/share, 4.3 million shares is $172 million the company will raise. Dilutes each share by about 20% using the market cap. Could see a drop but I doubt it'll go to $20. It's expected for a development-stage biotech in Phase 3, with more trial results to come in June 2018.
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