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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Comment by IWillRetireSoonon Oct 30, 2014 12:36pm
154 Views
Post# 23077248

RE:IS THIS POSSIBLE ?

RE:IS THIS POSSIBLE ?Sorry I am not Beech nor Retail Rube but my view is that the  number of warrants issued were not a significant amount (in my faulty memory) to have a dilution factor. 

Even if their were 5 million warrants (and I think it is less than that), when you have close to 200m shares that is only a 2.5% dilution.   And that would require all warrants are exercised to even have any affect..  Currently we are seeing share swings of around 5% and that is only changing share price by one cent.
   As for the share price, I think of multiples if FDA grants orphan status.    Selling VMC, not any real impact as would only provide so many months burn rate in value.      Full approval is of course the golden pot at the end of the rainbow...
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