Aytu BioScience Inc. (AYTU): Looking at filings, split adjusted for 2...

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Aytu BioScience Inc. (AYTU)

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Re: fatcat2 post# 110

Wednesday, 12/13/2017 7:11:32 PM

Wednesday, December 13, 2017 7:11:32 PM

Looking at filings, split adjusted for 20 to 1,

They issued about 3M shares and about 6M warrants (exercise at about $3.5 a share)

So shares of/when warrants get exercised will be about 9M plus whatever they had before offering plus $20M cash injection from warrants

Say 15M shares fully diluted at $10 gives MC of $150M which is about right for this TRT drug

Could go to $500M ($30 a share) if they execute on other two product lines well and buy good assets

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