OTCQX:PHVAF - Post by User
Comment by
THCbeverageson Jan 16, 2018 4:42pm
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RE:RE:7,187,500 more shares to be free trading by Feb. 11th
RE:RE:7,187,500 more shares to be free trading by Feb. 11thIf this is how you do all of your analysis then I am worried for you. You think that P/B ratios remain constant in one of the most volatile industries that exists right now? Scary.
VENMan wrote: If these warrants get excercised it will add $5.4 million to assets or .07 cents pershare to book value. Currently at $1.65 you are paying 6.1 times book value but after the warrants are excercised you are only paying 4.8 times book value at $1.65. Currently the market is paying 6.1 times book value, with a 7 cent increase to book value due to the warrants being excercised, if the market continues to pay 6.1 times book value like it is currently then VIDA trades at $2.08. ALL IMO!