PINL:NEPTF - Post by User
Comment by
jinbu6on Nov 27, 2013 10:30am
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Post# 21945745
RE:Offer pricing
RE:Offer pricing
The average Joe can get synthetically "filled" in the offering by buying the equivalent number of shares in the open market since it is now trading at discount in CAD $s to the offer price and warrant exercise price. Couple of negatives though...requires capital commitment upfront in terms of the "equivalent warrants" to the end of the warrant expiry date, and, there is always the risk with junior pharmas of additional financings along the way, as it always seems to take more time and costs more money to get to the end.