InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,626.02
(
0.54%
)
US TECH 100
18,986.40
(
0.30%
)
Dow Jones
41,393.78
(
0.72%
)
Brent Oil
71.83
(
0.00%
)
Bitcoin
59,984.47
(
-0.98%
)
Post# of 253124
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 839
Posts 120436
Boards Moderated 18
Alias Born 09/05/2002

DewDiligence

Member Level

Re: drbio45 post# 40878

Sunday, 01/21/2007 6:05:19 PM

Sunday, January 21, 2007 6:05:19 PM

Post# of 253124
>it sucked but i got into the deal because it also came with 50 percent warrant coverage<

Similarly in this case, there’s no reason why anyone will pay $0.30 for a share on the open market when they can pay $0.30 for a share and half a warrant by buying via the offering. The market price must therefore drop to well below 0.30 for it to make any sense.

The most favored nation feature of the prior financing will cost ADH a little, but this is a small matter in the overall scheme of things. The main issue is that the latest deal is tantamount to a pre-packaged bankruptcy recapitalization as far as the existing shareholders are concerned.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

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.

Sign Up