InvestorsHub Logo
Followers 22
Posts 996
Boards Moderated 0
Alias Born 08/01/2016

Re: None

Thursday, 08/16/2018 10:53:18 AM

Thursday, August 16, 2018 10:53:18 AM

Post# of 3699
Here is some NICE math for PTIE;
8.8 million shares @ $1.15 + 8.8 million warrants to buy shares @ $1.25 leads to about 24 million outstanding shares for PTIE. That would raise 21 million in cash PLUS the 3 million + grant = 24 million in funds/cash as well. AXON for example with failure in ALzheimers has a Market cap of 250 million. So PTIE would need to trade at $10 for a MC of 250 million and their drug looks promising. The investors at $10.20 would make 9 dollars a share or 153 million in profit since they would be buying these 17 m shares at a avg cost of $1.20 including the warrants exercised. A $5 stock price would only be a 120 million market cap..This looks very inexpensive going into a MULTI BILLION dollar market in phase 2 this calendar year.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SAVA News