Replies to post #28056 on Delcath Systems Inc (DCTH)

[13moonster]

I agree with your thought on dilution. Thank you for the response.

This is why I think there is an opportunity in DCTH, and why I invested.

On 6 Nov, 490,000,000 shares became 1,400,000 during RS.
During RS stock price went from approximately .05 to $17.50.
The market cap remained the same at $24,500,000.

At a $24.5M market cap and projected OS of 100,000,000 shares, the dilution of $17.50 per share is $.245.

This assumes no positive AND no negative news...

I think a 5X reward is worth the risk. (All of us will take $.24 for our shares today).

I believe there is real potential for positive news. Although, that is conjecture on my part, as I do not have a functioning crystal ball.

MM

[Jarhead7]

Wow! I'm an accountant and had not done that math. 35 BILLION shares pre-split. No wonder my few grand is now a few dollars!