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Biotech / Medical : Biotech for less than cash value

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To: scaram(o)uche who wrote (414)10/15/2017 12:01:51 AM
From: rkrw  Read Replies (1) of 684
 
Your pro forma market cap is way too low. I have an estimate of 147m fully diluted shares post merge, subject to some adjustment if they have above or below a certain amount of cash on hand at closing time. Stock crashed to 89 cents after the merge was announced, pissed off ITEK shareholders I guess.
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