Replies to post #81919 on Biotech Values

[mouton29]

IDIX -- <<An 11.5% expansion in the fully-diluted share count for valuation purposes (see #msg-37350098), which brings the new figure to about 70M shares.>>

As you said in http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37998991, NVS has waived the right to participate in financings and the
31,309.498 shares it owns will be more than a little under 50% of the outstanding after the financing is completed.

[alertmeipp]

IDIX - it's sooner than I expected. But the term isn't bad. But closing below the offering price isn't good.