Titan Medical Inc (TMDIF)

[66Mustang]

Smirza, nice find!

What I find funniest about this is that this was long before the reverse split... so that means $360/share now! Okay, gotta factor in some dilution, but...

If anyone wants to do a quick research and math exercise, find what the outstanding share count was at the time... I'm guessing around 300M shares pre-split, give or take. So $12/share (also pre-split) would have meant $3.6B buyout value way back then! Now that this market has heated up substantially, and add 7 years of inflation, etc. I think it is another point of validation for anyone who thinks we are in the $4-$5B range as a minimum,and possibly a fair amount more.


Message in reply to:
https://seekingalpha.com/instablog/1282351-steve-rosenman/3029695-titan-medical-titxf-will-be-acquired

Interesting!