GREY:ISOLF - Post by User
Post by
Alpha01on Dec 29, 2017 9:24pm
467 Views
Post# 27249646
New Target for Isol?
New Target for Isol?I noticed back on the 22nd there was a target price set at $2.59 US --> $3.30 CDN.
I was just wondering your thoughts on the impact that the new round of financing would have on this "target"?
My thinking was that $3.3/share * 253.85M shares o/s = $837,705,000 Target Market Cap
New round of financing = 8,080,000 units comprised of 1 common share + warrant to purchase 1 CS at $2 which then comprises 16,160,000 common shares if all warrants are excercised.
Therefore I figured:
Target Market Cap $837,705,000 / (253.85M shares o/s + 16,160,000 new shares) = $3.1025
Still looks great but with a new round of financing that means ISOL will be pursuing new projects and will further increase the share price.
I'm a very young and very new investor (still in University) and just investing whatever extra cash I have on hand to try and get a feel for the markets and learn how to be a real investor so that when I have actual $$ to invest I will be prepared.
I've been in ISOL since mid November and see great potential in the company, it's management, and their products.
I also love seeing both the positive and negative views all of you have on the company. Gotta weed through the pumper/basher posts and there's find some great info on this board.
Thanks alot guys! Looking forward to your input! Do your DD/GLTA!