Wednesday, February 06, 2019 7:50:27 PM
Had owned APHB, nice sized position sub 23 cents taken.. Liked the news on the merger until I read about the REVERSE SPLIT that WILL happen. Concern is, post the split which they say will happen prior to the merger completing this quarter so that they can meet 'listing requirements', I sold out for the gains I had.
Since I missed the news on the reverse split the first time I read the news on the merger, just mentioning it in case others had as well.
Gameplan for myself is going to be, let the r/s take place and see what the share price does after that. Given they are just preparing to commence their 1st PH 1/2 trial (assuming it will be after the merger??), and no idea how long that will take to complete, and whether or not under the new FDA regulations to speed up the drug development process whether or not a PH 3 will be required. Kind of expecting the share price to get 'hit' post the R/split...
But I really like what they are doing and will own them again. Just out until the R/s takes place...
Thoughts? Cause if I missed something, its at the price I sold out at.. can always recover.
Thanks in advance
Russ
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