Home > Boards > US Listed > Biotechs > FLEX Pharma (FLKS)

27m shares traded 01-04-19 vs. 18m O/S(1.5x) &

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
0210 Member Profile
Member Level 
Followed By 52
Posts 2,467
Boards Moderated 0
Alias Born 11/12/10
160x600 placeholder
0210 Member Level  Sunday, 01/06/19 10:28:45 PM
Re: m1999 post# 90
Post # of 193 
27m shares traded 01-04-19 vs. 18m O/S(1.5x) & 14m float(2x) & 2m(14x) dma share volume.

Based on(Simplified)Combined Value $47M: FLKS @$10.5m + Salarius Pharma's $36.6m*

Quote:
*"The Merger Agreement (i) values Flex (“ Flex’s Value ”) at $10.5 million...... and (ii) values Salarius (“ Salarius’ Value ”) at $36.6 million......."



(Simplified) Math: where A equals 100% value of merger.
100%(A) = 80%($36.6m) + 20%($10.5m)
Ergo,
A = $29.3m + $2.1m = $31.4m

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist