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Re: noretreat post# 844

Tuesday, 02/12/2019 9:51:05 PM

Tuesday, February 12, 2019 9:51:05 PM

Post# of 1085
Assuming there are 50 million shares in the public float....

And I think that's a reasonable guess...those shares currently have a value of $150 million CDN or thereabouts.

If BETonMACE pulls an Amarin and leads to RVX attaining a MC of $5+ billion USD, then those same shares would be worth $1.5 billion....and that's even allowing for dilution.

So what might be the motivation to possibly hold the PPS down? If the PPS was climbing with the company engaging investors with regular updates and heaven forbid even a webcast like they used to do back in 2007/2008....do you think shareholders would be willing to part with shares ~$3 CDN....shares that in the above scenario would be headed to $30+?

I doubt it, in fact I think retail would squeeze tight and buy more.

If you want to taste the fruit, you have to go out on a limb. But if you wait for the herd to move out on the limb....the branch tends to snap.