InvestorsHub Logo
Followers 11
Posts 264
Boards Moderated 0
Alias Born 08/25/2019

Re: ValueInvestorOTC post# 24277

Friday, 08/27/2021 8:50:32 PM

Friday, August 27, 2021 8:50:32 PM

Post# of 24532
Question-assuming the merger is a 1:1 proposition, and knowing that the float for bioforce is roughly 2,000,000, and the float for ELGL is roughly 41,000,000, how does that translate for a new float for the merged company?

In other words, let’s say an investor owns equal shares of bioforce and ELGL (the case for me) purchased at comparable prices (not the case for me actually). Which lot of shares would he do better with after the merger? Or is the answer he would do equally well with each lot of shares?

I just don’t understand if the significantly different individuals floats of ELGL and bioforce is a variable or not if the two companies merge at 1:1.

Thanks in advance.