Possible price action of LAHO. Comparing the move of DCG* and LAHO. LAHO's A/S is 16 times larger than DCG*. DCG* reach 91.51 cents a share on 8/8/19.
On LAHO first gap up day (future event in September), I look for a move to the 6 cent/share area; in addition, I would also look for a multiple to come into play as this biotech reverse merger play is going to garner a lot of retail investors, with plenty of money to invest in the merger stock.
I am guessing a 10 x to 40 x multiple by the time the merger is complete in October or earlier. Please realize that, from whatever top and consolidation happens as people start taking profits, the share price will drop noticeably; however, in my opinion the move up on the merger completion press release will be huge, after LAHO's SEC filing papers are in order in the month of September.
Once LAHO is current and listed on the appropriate OTCBB listing page, the final merger acquisition pr can happen any time afterwards. So the middle of October may not be an accurate forward looking date.
I believe LAHO's move will dwarf DCG* initial peak on 8/8/19 and move past it as the merger is finalized.
What I am saying is that the merger could be finalized by the end of next month (September). The share price of LAHO should reach a minimum of 6 cents a share and a parabolic blow off top of 6 cents times 10 to 40. Making a prediction of 60 cents to 240 cents a share. This is a model and feel free to work it up and down and scale it as you see it.
I do not provide investment advice. This post is my personal opinion.
