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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 Don2018on Dec 14, 2019 7:25pm
123 Views
Post# 30455893

RE:Warrants undervalued .045 - 07 cents vs current .025

RE:Warrants undervalued .045 - 07 cents vs current .025I doubt that method of warrant valuation means much here.

PIPE's share price will be determined by how much they can grow production, how much dilution that production growth will cause, and what oil and gas prices do.

The bottom line, if you think the warrants are worth 4 cents, then the share price has to go to $3.40 just to break even.

$3.40 is possible by May 2021, but it would be a stretch based on what we know today.

I am more than fine holding the common shares.
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