Relief Therapeutics Holding AG (RLFTF)

[changes_iv]

On the RLFTY pricing.

Interesting move by Relief and, again, one that looks sure footed for me.

150 x SIX pricing is about 9 Swiss Francs, or US $9.70. JP Morgan priced it such that after the first day's fall it would go around $9.70. That's the trivial part.

What I like is setting the ADR quantity at 150. This automatically gives them a share price above $5. US $5 or below is penny share range and a lot of institutions, particularly pension funds, will simply not touch penny shares. Their computer screens will have a default filter that does not even show them.

With the ADR quantity at 150 Relief have gone for maximum visibility. It makes no difference at the moment because we have nothing to show, but when APR's Q4 financial results add to our bottom line and when our various event targets come through then that visibility will be primordial.

~ IlkaS, Y@h00 RLFTF finance conversations