Replies to post #3441 on Moleculin Biotech Inc (MBRX)

[Wolf91]

Maybe to appear more attractive to institutions with a lower share count? All I know is this is massive news

[Wolf91]

Or more cushion to stay high above the minimal listing value so that there's no negatives to bring down the news going forward? Time will tell

[peterus]

whats the O/S here ?

[TheSprinx]

They had to get institutional investors to invest in it.
And they won’t until a stock is over $5 range.
Now they can be bought by everyone in the market place;)
This actually was a good move. Most R/S are not. But this one works