RE:RE:RE:RE:RE:RE:RE:RE:Is it possible this deal falls through?THTX Latest After Hours Trades
Select time range to see more trades: LAST 100 TRADES
After Hours Time (ET) | After Hours Price | After Hours Share Volume |
17:40:13 | $2.33 | 100 |
17:38:27 | $2.33 | 100 |
17:29:42 | $2.33 | 100 |
17:19:31 | $2.33 | 900 |
17:19:31 | $2.33 | 1,100 |
17:19:17 | $2.34 | 1,200 |
17:18:57 | $2.35 | 400 |
17:18:36 | $2.35 | 1,600 |
17:18:15 | $2.35 | 2 |
17:18:07 | $2.36 | 7 |
17:17:03 | $2.38 | 550 |
17:15:52 | $2.38 | 100 |
17:15:07 | $2.38 | 50 |
17:10:43 | $2.38 | 50 |
17:10:41 | $2.38 | 2,000 |
17:10:23 | $2.38 | 2,000 |
17:09:44 | $2.38 | 2,000 |
17:09:02 | $2.38 | 1,000 |
17:09:02 | $2.38 | 1,000 |
17:08:15 | $2.43 | 124 |
| | |
17:08:15 | $2.43 | 1,876 |
17:08:15 | $2.43 | 124 |
17:06:47 | $2.45 | 7 |
17:06:47 | $2.45 | 1 |
17:05:50 | $2.46 | 1 |
17:05:16 | $2.48 | 1 |
17:05:08 | $2.50 | 100 |
17:03:01 | $2.54 | 30 |
16:47:35 | $2.50 | 150 |
16:31:38 | $2.50 | 200 |
16:31:20 | $2.50 | 200 |
Total over 17000 shares sold as per 6pm??
SPCEO1 wrote: Last trade now at $2.33 on about 16,000 shares. That is disconcerting for sure. Not sure how the deal could fall through as it is a bought deal and the mechanics of that have already been explained. But I suppose there could be more shares that need to be placed, although that also s eems highly unlikely as one of my contacts at one of the brokers involved said he got only a small percentage of what he was looking for his retail clients. So, it sounds like there were not enough shares rather than too many. And given how attractive the terms were, you would think that would have been the case.
The other alternative is there is bad news on the immediate horizon and that is why the deal was rushed. What might that be?
Perhaps they will have to announce that the EMA is not coming on board for the trial. But it is hard for me to see why that would be a big enough deal to rush this offering at a horrible price.
But it sure does smell like someone knows something and is trynig to get out before Monday. Hopefully, rather than pulling a rabbit out of their hat to make this odious deal look somewhat better, the company does not instead pull a bear out of its hat!
Bucknelly21 wrote: 2.35 after hours