Innovation Pharmaceuticals Inc (IPIX): What would the chart do if P was sold fo...

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Innovation Pharmaceuticals Inc (IPIX)

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Re: 123tom post# 200034

Friday, 10/13/2017 7:32:22 PM

Friday, October 13, 2017 7:32:22 PM

What would the chart do if P was sold for a 6 billion lump sum payment?

I'd love to know... would it stall at.80 or 1.06?

From my knowledge, the fully diluted share price is 5.44 for a billion dollar market cap.

So would that mean the share price should be around $33 just based off cash in the bank? Or would the .90's just swallow the buys?

Just curious: is legitimate huge financial news the only thing that burns charts? Or do charts never lie?

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