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Replies to post #187418 on Biotech Values

Replies to #187418 on Biotech Values
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DewDiligence

02/12/15 9:47 AM

#187424 RE: oldberkeley #187418

THLD—The warrants do have a high exercise price relative to the current share price, but that’s not what would concern me. Rather, I’d be concerned that the offering price for the units (consisting of one share and one warrant) was only $3.40, which means that the effective offering price for the shares themselves was even lower than that.