GREY:ICOTF - Post by User
Comment by
TechnicalBuyon Jul 12, 2013 7:40pm
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Post# 21605427
RE:RE:Medicago bought out for $357m
RE:RE:Medicago bought out for $357mAgreed MMN, It is also worth noting that MDG had diluted their shares to the tune of 350m outstanding shares. ICO only has about 60m or so outstanding shares. While MDG has fetched $1.16 for the shareholders, ICO can fetch 10 times that amount from where it is now.
To me the most important thing is that the retail investor can now see that $350m is something that biotechs with PII results can fetch on the market. Should stoke the biotech bull run.
TB