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Bullboard - Stock Discussion Forum DiaMedica Therapeutics Inc DMAC

DiaMedica Therapeutics Inc. is a clinical-stage biopharmaceutical company. The Company is focused on improving the lives of people suffering from serious diseases with a focus on acute ischemic stroke. Its lead candidate DM199 (rinvecalinase alfa) is the first pharmaceutically active recombinant (synthetic) form of the human tissue kallikrein-1 (KLK1) protein to be clinically studied in... see more

NDAQ:DMAC - Post Discussion

DiaMedica Therapeutics Inc > Check on Reality of the Situation--Another reverse split?
View:
Post by Roadster2 on Dec 10, 2019 12:52pm

Check on Reality of the Situation--Another reverse split?

Reality has set in as the quiet period extends for months. Cannot get above $ 4.00.

Nothing changes.


"The November 2018 reverse split was 20 old shares for 1 new share.
 
Diamedica Reverse Split 20 old shares for 1 new shares. On 11/15/18 outstanding shares went from 156,783,520 down to  7,839,176. Only 7.8 million shares for old shareholders. I guess we should be glad it was not 100 for 1.
 
So Diamedica stock closed on Thursday 12/6/18  at $ 5.85 share and the next day Friday 12/7/18 Diamedica did offering at $ 4.00 share and Company netted $ 3.74 share --a 36% Discount from $ 5.85. And Diamedica stock closed 12/7/18  at $ 3.10 share-- a 48% discount to $ 5.85 share close on 12/6/18."

Read more at https://stockhouse.com/companies/bullboard?symbol=dmac&postid=29621497#LUDDS2mSFZSsyVGC.99
Comment by TrueNorth911 on Dec 11, 2019 12:21pm
Was wondering where you've been buttercup. Same ole story over and over... Your copy and paste buttons must be worn off by now. Keep dreaming that we'll give our shares away so that you can scoop them up... Keep dreaming.
Comment by TrueNorth911 on Dec 11, 2019 12:50pm
Honestly.... I need to thank you. Your my BUY signal. Everytime you pop up on this board, you give me all the info I need to BUY more. Thanks!
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