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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


PINL:FRTX - Post by User

Comment by RuudinFranceon Dec 13, 2019 7:35pm
186 Views
Post# 30454070

RE:RE:RE:RE:Any predictions on share price?

RE:RE:RE:RE:Any predictions on share price?
plantrader wrote: Kelt has a similar OS, around 30K boe/d production and twice the debt as compared to PIPE, is that about right?  I see a year ago Kelt had a PPS of around $6 and a market cap that must've been around $1.6B because of it. Very rough numbers. So, if PIPE accomplishes 30K boe/d production and has less debt but a similar OS, and the energy market recovers back to previous sentiment (whatever all the factors are) then it might follow that Kelt could get back to $6-7/share and PIPE could out-pace that (due to less debt). Barring management mis-steps or other factors such as global markets meltdown, etc.

How's that for some crazy extrapolation? haha


Plantrader,

you've got to be patient until:

1) Guidence in January, for planned production levels in 2020.
2) Full year numbers, somewhere in April, is it?
3) Further miscellaneous NR's.

You  may see incremental increase in SP until April, but when all is as we expect (also WTI) after the numbers are published, management has proven something and we'll see (Oh Pumpkin, I don't want to do this), so, we'll see $ 3+, max. $ 4.
Warrants between $ 0.10 and % 0.15.
People should not be disheartened for this low warrant price as, I believe, fireworks are in the making and there may even be a "fight" for the warrants.

$ 5 - $ 7 by year end.

Have fun.

P.S.: I feel silly, sticking my neck out like this :-(





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