Bio Path Holdings Inc (BPTH)

[dinogreeves]

Yes, market capitalization on BPTH is currently sitting on 13.5 million and yes 1.7 million shares outstanding and just over 500,000 shares in the public float. The public float is what the retail can buy and sell in the market place. The outstanding shares are what the institutions and the insiders own, so take the public float and minus the outstanding shares and you can up with around 1.2 million shares that are owned by institutions and insiders and I am sure they are mostly restricted for at least 6 months to a year. So essentially the float is what is being traded now, not the outstanding. Market cap is severely low, I would not doubt market cap to be around 30-50 million dollars sometime next week and if the data is good, it should go to at least 100 million. Those figures are not even considered in to the buyout scenario, buyout could be at least 500 million dollars, if they have a viable science.

https://finance.yahoo.com/quote/BPTH/key-statistics?p=BPTH