Lineage Cell Therapeutics Inc (LCTX)

[bobby2loaves]

Cincinattus asked: Anyone have a prediction as to what the share prices will be in early December on both BTX and AGEX?

My Answer: A lot lower than I would have told you a week ago!

This much I can tell you: BTX is spinning off about 13mm shares of AGE. The recent Juvenescence deal for 40% of AGE shares was for $3.00 a share, a bit higher than all previous sales of AGE, which were for $2.50 a share. So, if you figure the 13mm shares spinning off are worth $3 each, in a perfect market, the price of BTX would drop by 30 cents (shares are being spun off at a 10:1 ratio) after the close on November 26th, and on November 27th, AGE would open at $3.00.

My above analysis is all just math about the distribution, with no assumptions about the actual value of BTX and AGE as companies - - I'll leave it to the markets to figure that out - - especially since I was naïve enough to buy BTX when it started with a $2.