Replies to post #29740 on Innovation Pharmaceuticals Inc (IPIX)

[loanranger]

"Question about Aspire, if they are buying shares on the open market, how does that benefit CTIX?"
It's not likely that they are buying shares in the open market....they have access to shares at a discount from CTIX (unless CTIX doesn't feel like selling them any because they don't require funding, but that seems unlikely...they made the deal for a reason).


"If CTIX is selling the shares directly to Aspire, then what does the public PPS have to do with Aspires PPS? "
Not sure I follow. Aspires cost per share depends on a formula that is based on CTIX's share price...it doesn't have any direct effect on CTIX's PPS.

[ICEVRE3]

public s/p is driven by news, aspire's purchase price depends on recent public s/p, hence news affects aspire's purchase price.