Replies to post #24793 on Marker Therapeutics Inc (MRKR)

[Burrhead1]

I always go back to the post below from Phantom.........upcoming week will be historical for our tiny company! $$$$MRKR$$$$

Re: erg61 Post# 24599
I definitely don't mind, lol. It is a bit off though. As of the last 10Q dated 8/9/2018 (HERE) the below numbers, post merger, are a bit closer:


Shares Outstanding: ~44.9 million
Warrants: ~23.25 million
Fully Diluted Share Count: ~68.15 million

*The rest of the post was modified from my original post using the updated numbers above.*

I would say Tapimmune’s valuation before the merger announcement would be in the $200M - $300M range. No more. From what it sounds like the valuation put on Marker was $600M - $800M. That would put the value of the combined company at approximately $800M - $1.1B. Feel free to put your own valuation on it but this is based on numbers I have heard thrown around. It could end up being higher or lower. That remains to be seen.

Based on the outstanding shares post-merger that would be a price range of $17.82 - $24.50. At that range all warrants would be within their exercise price so we will also have to look at the fully diluted share count. That would put the price range at $11.74 - $16.14.

This is, again, post-merger and based on my conservative calculations using what we can assume the companies are worth AT THIS POINT IN TIME. As we get more data I expect this valuation to increase. Please note that this is not taking into account the ridiculously low float. My estimate is the float is about 5-6 million shares. This isn’t changing even with the new financing unless the new holders dump shares immediately which I would assume they aren’t going to do. Most of the institutions are in for the long haul. Due to the low float and increased interest I expect this to trade above its valuation for a bit. The float should also add some volatility. If you are trading it there should be plenty of opportunities for entries and exits. If you are holding long term then ignore the price swings.

Again, all of this is my opinion only and in the end we don't really know what will happen.



Replies:
Has anyone got the mailing proxy yet so
AntiMarv on 9/21/2018 4:58:07 PM
Thanks Phantom! Always appreciated!
erg61 on 9/24/2018 12:34:31 PM



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