I would wager a bet that the .027 per share is based off of the share price at the time of the deal and that it could go higher if the stock continues to go up. If the stock were to jump to $2 or more then why would helix want to only get .027 per share when the $2 would be a better deal for them. Plus the Q3 should be coming out this month or next month and that’s more than likely going to show a nice profit margin.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.