Tuesday, November 21, 2017 11:29:49 AM
Remember Mario Gabelli - the billionaire investor who's teton westwood micro cap fund owns some TITXF?...
Turns out he owned a large chunk of Mako and sold once it was acquired.
When mako sold, the sold at an 86% premium to prev day's close.
I wonder if Mario is anticipating a sell of titan as well. He obviously sees potential in titan.
Hmm...interesting connection nothing else.
Mako is a bit of a mis-match to SPORT, its narrowly focused on partial knee replacement and in my experience not many docs saw value in it. I understand there arent many robots that are market comps, so fair enough.
Lets assume we uplist and SP is $4. Then we immediately sell at an 86% premium which makes the sell share price $7.44. (Hypothetical only....I dont actually think we would sell so quickly).
Where does that put you with or without a RS?
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