Delcath Systems Inc (DCTH)

[cvinvestor]

Every price point above $.054 reduces the OS by some multiple to under 100M, every price point below $.054 increases the OS by some multiple over 100M.

The one very good takeaway is that based on the current burn rate and price stabilization, DCTH is going to have an OS under 100M by the time this is all said and done, imo.

How long it lasts I don't know, but the good sign of the past couple of days is that they were not willing to continue to lower the ask and plunge this to .01. If MAXM stays around .05 or above, that will be very encouraging indeed.

Let's hope.