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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


GREY:FRTX - Post by User

Comment by Maxmoeon Dec 14, 2019 5:04pm
155 Views
Post# 30455722

RE:RE:RE:RE:RE:RE:Any predictions on share price?

RE:RE:RE:RE:RE:RE:Any predictions on share price?I've done some simpler math. The break even in % gain for warrants vs stock is $3.75. At that price using $1.50 current stock price and 3 cent warrant, both will return a profit of 150%. Nice! Over 3.75, the warrant will outperform the stock due to leverage. From $3 to $3.75 the stock outperforms and, unfortunately, anything less than $3 is, well, not good. The warrant is in the back stretch of its life and when it makes the turn for home the time value vs intrinsic value narrows quickly. Nothing but the best to you warrant holders, the cfo could use the $50 million for many things when they exercise. 
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