Thursday, July 05, 2018 9:52:34 AM
“After the reverse takeover, PSNXD will only have a total of 15 million total shares, however, there will only be 75,000 in the float, so there will be very little opportunity to buy PSNXD except through MSPC.”
So were scrutinizing this line specifically.
“very little opportunity to buy PSNXD except through MSPC.”
That still sounds like to me means when PSNXD is trading at the market cap it should.
People who want a stake of PSNXD but don’t want to pay higher prices, since float is small, it won’t be cheap.
They can look at MSPC as undervalued for its market cap.
And buy here for 44% ownership of etelix at a discount. Hence price could rise.
Theoretically it does makes sense.
But that’s how it sounds to me.
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