Sunday, May 06, 2018 3:57:38 AM
IMO, if an entity or two did acquire enough shares in Delcath to be able to push it up or down at their will, what would be the incentive of bringing it down (on no news) except to accumulate?
And while people seem to disregard the return of their patents to Delcath, they definitely weren't an acquirable company until they got their patents back. Now, with a low float, zero convertibles, patents, and a lack of both debt and cash, there is at least reason to believe that getting acquired is a possibility.
Also, P-Mike used to say in posts here that they would need to raise their market cap quite a bit before they would sell company. While such would then suggest that Delcath is partly behind the price movement on Friday (which I personally doubt), doesn't this appear to be a ripe time for that pursuit of a higher market cap to happen?
Recent DCTH News
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/26/2024 10:11:39 AM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 09/26/2024 10:06:39 AM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 09/26/2024 04:15:06 AM
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