Alantra Venture Corp AVB-V Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Alantra Venture Corp AVB-V

AVB 173.92

-0.5%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cyrusman who wrote (39)	12/3/1999 2:14:00 PM
From: Dan Hamilton	Read Replies (1) of 59

I think the good news is twofold: they got the financing they need, and it was mostly insiders who bought the stock. The bad news is, they got it at a discount to what the stock is trading for - 56 cents versus about 80 cents on the market. They can also buy more cheap shares for two years. When you add in the additional private placement planned, there could be another 5.315 million shares issued over the next two years, on top of the 8.2 million that will soon exist. So at this very moment, I question whether the stock is worth more than the .56 paid by the insiders. With some sales in the future, that will obviously change. But it's worth noting the company's per share earnings projections are based on 8.2 million shares, not 13.5 million. I'd be curious to know whether any of these new shares can be unloaded immediately. Hopefully not, since that could depress the stock price as well. I don't own any of the stock, but have been evaluating it for a possible purchase.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next