OTCPK:BIOAQ - Post by User
Comment by
Mrtkr1on Feb 19, 2018 3:07pm
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Post# 27583900
RE:RE:Shorting data
RE:RE:Shorting dataThe same shares can be traded multiple times. Therefore the entire float quantity can be traded in a few days. Additionally, there can be naked shorts which technically have not been borrowed.
As for the offering, your evaluation is incorrect as the price is based on the average of 5 days not just the last day. The warrants have excerize values also. I believe to total max count is 43 million. Once the offer is closed, the total float will be ~90 million shares.