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Re: None

Monday, 03/30/2020 3:22:12 PM

Monday, March 30, 2020 3:22:12 PM

Post# of 654
http://investor.obalon.com/news-releases/news-release-details/obalon-engages-canaccord-genuity-explore-financial-and-strategic

Considering this is trading well below 12/31/19 (latest financials) book value, this could be an attractive entry point if a sale were to go through.

Market cap at this level is $5.6m as of the # of O/S shares disclosed on 2/20/20.

At 12/31/19, they have cash of $14m, total assets $20.4m vs. liabilities of $4.5m.