Delcath Systems Inc (DCTH)

[Looking4BIGcash]

UPDATE:
I used to be in the Buy Out camp but that no longer has the teeth it had in Dec 2017.

I do believe ATNX is buying the private placement for $7,5MM in warrants as this will give them the control they want over DCTH I just don't see the advantage to a full takeout for them.

Their own stock is taking a hit from their recent offering from which I think they will get the $$ to buy the warrants but as DCTH rises on it's own merits, it too should underpin ATNX stock. Buying the whole cake adds more risk than reward.

Good news: the retail investor should now be able to ride DCTH up on it's own merits rather than as part of a 'fund' if it was fully acquired and paid for in ATNX Stock.

Bad news: it won't be as quick but the reward should be greater.

Also, I don't expect ATNX to sell any shares so the float won't be as much of as a concern as it has been.