News Focus
News Focus
Post# of 41945
Next 10
Followers 1735
Posts 210451
Boards Moderated 11
Alias Born 01/02/2008

Re: QuickDraw007 post# 12384

Friday, 02/21/2014 10:17:55 AM

Friday, February 21, 2014 10:17:55 AM

Post# of 41945
ACST 1.27 is valued at $10-15/share. -- Acasti recently pulled the trigger on a public raise for $23 million for 18.4 million units. Each unit consisted of one share and one warrant with an exercise price of $1.50. This allows Acasti to raise an addition $27.6 million in the future, resulting in potentially $50.6 million in cash to drive continued development in prescription-strength krill oil.

If Acasti is able to execute on its strategy for CaPre by attaining FDA approval, valuation should be able to rival Amarin's prior to its FDA advisory panel blow up, in the range of $800-1.2 billion by 2016. Correspondingly resulting in Acasti being valued at $10-15/share.

http://seekingalpha.com/article/1938471-while-amarin-continues-to-go-rancid-neptune-will-soar?source=marketwatch

January Effect 2013 Plays - follow them here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82508852


"This is not an endorsement to buy or sell securities. Investing in securities carries with it very high risks. My posts /

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today