OpGen Inc (OPGN)

[dinogreeves]

. This has a lot of room to run before the merger. Especially with the low float.


@AnalystRatingsNetwork Pre-split that is $1 per share. Noted the others (H.C. Wainwright @ $1.50 pre-split = $30 post split) and (Alliance $2.30 pre-split = $46 post split) have not updated their projections.

Not sure how Aegis did this post the merger announcement and with further dilution on the way. To raise the required $10 @ $7 per share (closed at $7.18 today) would require 1,428,570 shares as of today, also 2,666,660 shares to be issued to "acquire" Curetis at the close.

Nearly 4.1mm shares added to fully diluted shares of slightly over 1mm fully dilute OPGN shares as of today bringing the total to 5.1mm o/s shares at the close and at $20 per share = market cap of $102mm.

Possibly, Aegis is projecting price movement through year end prior to the close & before the 2,666,660 shares are issued to acquire Curetis.

If so OPGN would be at 2,310,570 shares o/s and at $20 per share OPGN's market cap would be $46mm.