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Microcap & Penny Stocks : TLT.v
TLT.V 0.1550.0%Dec 1 1:30 PM EST

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To: 3bar who wrote (1388)10/1/2019 6:54:47 AM
From: ogi  Read Replies (1) of 1869
 
Pretty much everyone until the last few weeks owns TLT at a loss and there is no control group to defend against a low ball offer. Don't worry about ten dollars , that may never happen or it might after phase 2 overwhelming success and positive Phase 1 trial for another type of cancer.

I would be more worried about TLT being supportive of a low ball bid Between common shares options and warrants RW and K.H own well over 10 million shares. So if TLT sold for $2 , 9 times current share price it would be a huge premium over average trading price and leave them with 20 million bucks to retire on. Or they sell the cancer division and keep running the laser division as a spin out company. So a lot is up to current management's view of what would be a fair takeover price. What that is , high or low I can't say and we won't know til it happens.
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