Quest Pharmatech Inc V.QPT

Overvalued?

[lscfa]

Trading above cash from putable bonds...

 

	Dec20/19
Shs	167,747,247
Options	18,600,000
	186,347,247
	Redeemable bonds
	62,500,000	Usd
43% ownership	26,875,000	Usd
Per sh	$0.14	Usd
Fx	1.35
Per sh	$0.19	Cdn

[lscfa]

New info received so recalc......     Redeemable bonds   Gross proceeds 62,500,000 Usd Tax & trans. costs -12,500,000 Usd Net proceeds 50,000,000

[PosNeg1]

Undervalued considerably I think. Your calc is only taking the immediate cash consideration, missing is the other 50% of the first closing of 125$M bond. And of course there's 175$M Dual shares, granted appears a year hold but should be at a locked in price.

[MUGMODs]

This post has been removed in accordance with Community Policy

[PosNeg1]

Tend to agree this will be back to 10-12 cents with no volume soon enough then another spike once deal closes. Only ones to profit will be Onco shareholders QPT shareholders are left holding the bag.

[MUGMODs]

This post has been removed in accordance with Community Policy

[bigstar10]

Yes, sad that shareholders get nowhere on this the way the cronies have the Conpany structured. Been saying this for years

[PosNeg1]

Its a joke, zero PR ,no institutions, yea i know gotta be at a buck to get interest but still smart small caps use institutions to get to a buck. This company has zero cred in public markets and will likely pooch pubco in Korea opportunity.